2 Cobalt Court, Windham, ME, 04062 | 6.85% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1958 sft

55 Sherwood Drive, Otisfield, ME, 04270

Investment Property+ 1 more

3 Bed
2 Bath
1324 sft

89 Cumberland Lane UNIT 8, Gorham, ME, 04038

2 Bed
2 Bath
1018 sft

289 Spring Street UNIT 4, Portland, ME, 04102

3 Bed
1 Bath
1040 sft

7 Laila Way, Gray, ME, 04039

Nearby investment properties with comparable prices

4 Bed
1 Bath
1368 sft

31 Church St, Yarmouth, ME, 04096

3 Bed
2 Bath
1248 sft

140 Raymond Hill Road, Raymond, ME, 04071

3 Bed
1 Bath
1119 sft

46 Spurwink Avenue, Cape Elizabeth, ME, 04107

2 Bed
1 Bath
773 sft

148 Breakwater Drive #805, South Portland, ME, 04106

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Windham at 2 Cobalt Court, Windham, ME, 04062 offers $3,540/mo rent that, after a $3,035/mo payment. Total monthly income is $3,540/mo. Return on cash invested measures 17.86% in year one, and rental yield stands at 6.85% at a $620,000 entry. Equity gained on principal adds $4,001/yr while 5% annual appreciation compounds into $171,295 by year five. Five-year ROI records 92% and total cumulative return in cash reaches $187,671. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,540/mo property income versus a $3,035/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2017

0.48 Acres lot

$N/A/sqft

No HOA