15 Carriage Way #15SacoME04072
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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 Saco at 15 Carriage Way #15, Saco, ME, 04072 offers a 8.01% rental yield on a $499,900 purchase with $3,338/mo rent. Total monthly income registers $3,338/mo, and a $2,447/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,194/yr on $165,717 to close, and return on cash invested stands at 21.23% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 110.1% and total cumulative return in cash at $182,448. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,338/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04072, Saco, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,169 (100%) |
| Owner Occupied HU | 6,451 (63.4%) |
| Renter Occupied HU | 2,842 (27.9%) |
| Vacant Housing Units | 876 ( 8.6%) |
| Median Home Value | $440,416 |
| Average Home Value | $473,380 |
Housing Distribution
Address Breakdown
Residential
9,563
Single Family
8,876
Multi-Family
687
Businesses
678
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