1538 Sennebec Rd, Appleton, ME, 04862 | 5.76% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1538 Sennebec Rd, Appleton, ME, 04862 | 5.76% 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 Appleton at 1538 Sennebec Rd, Appleton, ME, 04862 offers a 5.76% rental yield on a $325,000 purchase with $1,560/mo rent. 44% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 73.67% and total cumulative return in cash at $79,369. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1984

7 Acres lot

$N/A/sqft

No HOA

More details about the property

OPEN HOUSE Sunday 10/19 1PM-3PM WATER ACCESS to Sennebec Pond! Welcome to your own little piece of heaven. This property truly has it all! The home is move-in ready, well maintained, and features extensive updates including new windows and doors, new decks, cedar shingle siding, a new propane stove, fresh interior paint, and a new Roth kerosene tank. Inside, the primary bedroom offers direct access to the full bath and laundry area for ultimate convenience. The bright, open kitchen and living room provide a welcoming space for gatherings. The second bedroom includes access to a half bath, custom built-ins, and a Murphy bed ideal for guests or a home office. The outdoors is dreamy. With 7 acres of land, you'll enjoy complete privacy, with the home set back from the main road. A fenced-in area is perfect for gardening, entertaining, or pets. The property is teeming with wildlife deer, turkeys, beavers, and loons are frequent visitors. Spend your evenings relaxing by the water, soaking in beautiful sunsets. It's the perfect spot for kayaking and fishing. The large front yard features apple trees and plenty of space for outdoor activities. The insulated garage offers workspace plus a storage room for all your tools and gear. ***

Neighborhood Data

Neighborhood data shown for ZIP Code: 04862, Union, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,073 (100%)
Owner Occupied HU	1,521 (73.4%)
Renter Occupied HU	191 ( 9.2%)
Vacant Housing Units	361 (17.4%)
Median Home Value	$318,608
Average Home Value	$347,939