








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Scarborough at 16 Cedarbrook Drive E UNIT 16, Scarborough, ME, 04074 offers a 8.28% rental yield on a $529,000 purchase with $3,648/mo rent. 77% in year one. Equity gained on principal adds $3,414/yr while 5% annual appreciation supports $146,153 over five years. Portfolio math shows five-year ROI at 98.1% and total cumulative return in cash at $170,741. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,648/mo property income against a $2,589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$497 monthly HOA
Neighborhood data shown for ZIP Code: 04074, Scarborough, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,980 (100%) |
| Owner Occupied HU | 7,257 (66.1%) |
| Renter Occupied HU | 2,431 (22.1%) |
| Vacant Housing Units | 1,292 (11.8%) |
| Median Home Value | $610,244 |
| Average Home Value | $700,977 |
Residential
10,395
Single Family
9,453
Multi-Family
942
Businesses
910
Date | Event | Price |
|---|---|---|
| 2025-05-01 | Listed for sale | $529,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Portside Real Estate Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1620554
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