126 Ocean House RdCape ElizabethME04107
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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
Rental property for sale in Cape Elizabeth at 126 Ocean House Rd, Cape Elizabeth, ME, 04107 generates $5,956/mo in rent, after a $6,118/mo payment. Total monthly income is $5,956/mo. Return on cash invested sits at 14.64% in year one, and rental yield is 5.72% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 74.68% and total cumulative return in cash sums $302,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,956/mo property income rather than buyer’s personal income.
Multi Family
Built in 1885
10.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04107, Cape Elizabeth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,176 (100%) |
| Owner Occupied HU | 3,424 (82.0%) |
| Renter Occupied HU | 419 (10.0%) |
| Vacant Housing Units | 333 ( 8.0%) |
| Median Home Value | $683,369 |
| Average Home Value | $814,860 |
Housing Distribution
Address Breakdown
Residential
4,115
Single Family
4,040
Multi-Family
75
Businesses
70
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Listed by: N/A • N/A
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