10 Frank StreetNorth WaterboroME04061
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Nearby investment properties with comparable prices
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 North Waterboro at 10 Frank Street, North Waterboro, ME, 04061 listed at $100,000 pairs $757/mo rent with a $489/mo payment to leave $126/mo cash flow. Total monthly income runs $757/mo, and annual cash flow reaches $1,516/yr on $33,150 cash to close. Return on cash invested measures 24.48% in year one, and rental yield registers 9.08% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 127.61% and total cumulative return in cash totals $42,304. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $757/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2019
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04061, North Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,547 (100%) |
| Owner Occupied HU | 1,220 (78.9%) |
| Renter Occupied HU | 90 ( 5.8%) |
| Vacant Housing Units | 237 (15.3%) |
| Median Home Value | $369,110 |
| Average Home Value | $370,359 |
Housing Distribution
Address Breakdown
Residential
1,212
Single Family
932
Multi-Family
280
Businesses
29
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Listed by: N/A • Treeline to Shoreline Realty
Mls Name: Maine Listings
Mls ID: #1629386