10 McWain Hill RoadWaterfordME04088
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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 Waterford at 10 McWain Hill Road, Waterford, ME, 04088 offers a 10.12% rental yield on a $250,000 purchase with $2,108/mo rent. Total monthly income registers $2,108/mo, and a $1,224/mo payment leaves $530/mo available for distribution. Annual cash flow reaches $6,358/yr on $82,875 to close, and return on cash invested stands at 27.58% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 144.14% and total cumulative return in cash at $119,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,108/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04088, Waterford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,250 (100%) |
| Owner Occupied HU | 669 (53.5%) |
| Renter Occupied HU | 107 ( 8.6%) |
| Vacant Housing Units | 474 (37.9%) |
| Median Home Value | $285,577 |
| Average Home Value | $359,462 |
Housing Distribution
Address Breakdown
Residential
656
Single Family
642
Multi-Family
14
Businesses
32
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