18 North CourtNorth WaterboroME04061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in North Waterboro at 18 North Court, North Waterboro, ME, 04061 listed at $599,900 pairs $2,885/mo rent with a $2,936/mo payment. Total monthly income runs $2,885/mo. Return on cash invested measures 14.58% in year one, and rental yield registers 5.77% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 74.43% and total cumulative return in cash totals $146,896. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,885/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04061, North Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,547 (100%) |
| Owner Occupied HU | 1,220 (78.9%) |
| Renter Occupied HU | 90 ( 5.8%) |
| Vacant Housing Units | 237 (15.3%) |
| Median Home Value | $369,110 |
| Average Home Value | $370,359 |
Housing Distribution
Address Breakdown
Residential
1,212
Single Family
932
Multi-Family
280
Businesses
29
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Nearby investment properties with comparable prices
Listed by: N/A • Treeline to Shoreline Realty
Mls Name: Maine Listings
Mls ID: #1635432