1587 Atlantic HighwayWaldoboroME04572
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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
Total monthly income runs $1,346/mo, and a $2,007/mo payment. Purchase price stands at $410,000, and rental yield measures 3.94% with $1,346/mo rent. Return on cash invested shows 8.94% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 44.23% and total cumulative return in cash records $60,119. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,346/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
0.37 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Cates Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1611261
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782