15 Sea Cove Road, Cumberland Foreside, ME, 04110 | 4.61% Rental Yield

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15 Sea Cove Road, Cumberland Foreside, ME, 04110 | 4.61% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cumberland Foreside at 15 Sea Cove Road, Cumberland Foreside, ME, 04110 earns from $4,975/mo rent with a $6,338/mo payment. Total monthly income totals $4,975/mo. ROI tracks 11.22% on current figures, and rental yield reads 4.61% at a $1,295,000 purchase. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 over five years. Five-year ROI reaches 56.34% and total cumulative return in cash sums $236,394. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,975/mo property income instead of your personal income.

Single Family

Built in 1960

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Come see this spacious cape offering water views and in the perfect seaside location! The flexibility this hone offers with its TWO primary suites, one on the 1st floor with views to swoon over and the second floor primary suite with a sitting area that has its own views and deck. The working kitchen is ample and features a fabulous butlers pantry just off the large mudroom area. The first floor includes a large living room with its own fireplace and gleaming hardwood floors and large bay window. The sunny dining room is the perfect size for those large holiday gatherings! The first floor is rounded out with a home office with handy built-ins and two more first floor bedrooms that are large and sun-lit. In the second floor primary suite one will be greeted by the most amazing walk-in closet system featuring attractive built-ins, cubbies and drawers. In addition you will find plenty of space for the perfect home office or perhaps you would like a work-out space bathed in light! There is even more space in the finished basement activity room. The yard is large and flat, and in the spring the gorgeous perennials will be sure to please. A hard-scaped back deck area is surrounded with tranquil water views. This house has location, space and is just loaded with opportunity!