12 Ruby WayNorth YarmouthME04097
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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 North Yarmouth at 12 Ruby Way, North Yarmouth, ME, 04097 uses $72,930 cash to close to unlock $940/yr annual cash flow and $78/mo monthly cash flow. Total monthly income runs $1,467/mo, and a $1,077/mo payment keeps the spread at $78/mo. Purchase price stands at $220,000, and rental yield measures 8% with $1,467/mo rent. Return on cash invested shows 21.2% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 109.93% and total cumulative return in cash records $80,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,467/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 2023
8.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04097, North Yarmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,629 (100%) |
| Owner Occupied HU | 1,447 (88.8%) |
| Renter Occupied HU | 143 ( 8.8%) |
| Vacant Housing Units | 39 ( 2.4%) |
| Median Home Value | $586,659 |
| Average Home Value | $636,885 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,653
Multi-Family
0
Businesses
37
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Listed by: N/A • Meservier & Associates
Mls Name: Maine Listings
Mls ID: #1644668