1 Seacoast Ln #59Old Orchard BeachME04064
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Old Orchard Beach at 1 Seacoast Ln #59, Old Orchard Beach, ME, 04064 earns $181/mo cash flow from $926/mo rent with a $578/mo payment. Total monthly income totals $926/mo, and annual cash flow totals $2,170/yr on $39,117 capital. ROI tracks 25.46% on current figures, and rental yield reads 9.42% at a $118,000 purchase. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,601 over five years. Five-year ROI reaches 132.78% and total cumulative return in cash sums $51,939. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $926/mo property income instead of your personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04064, Old Orchard Beach, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 3,397 (48.5%) |
| Renter Occupied HU | 1,513 (21.6%) |
| Vacant Housing Units | 2,088 (29.8%) |
| Median Home Value | $437,987 |
| Average Home Value | $477,398 |
Housing Distribution
Address Breakdown
Residential
6,370
Single Family
5,809
Multi-Family
561
Businesses
355
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Listed by: Michelle Dorsey • Seacoast Resort
Mls Name: My State MLS
Mls ID: #11364482