16 Passaic Rd, Cape Neddick, ME, 03902 | 5.76% Rental Yield

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

Rental property for sale in Cape Neddick at 16 Passaic Rd, Cape Neddick, ME, 03902 generates $3,545/mo in rent, after a $3,617/mo payment. Total monthly income is $3,545/mo. Return on cash invested sits at 14.54% in year one, and rental yield is 5.76% on a $739,000 entry. Equity gained on principal adds $4,769/yr, while 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 74.18% and total cumulative return in cash sums $180,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,545/mo property income rather than buyer’s personal income.

Single Family

Built in 2001

0.34 Acres lot

$N/A/sqft

No HOA