








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


Rental property for sale in Sanford at 20 Sidetrack Lane #H3, Sanford, ME, 04083 priced at $375,000 converts $3,845/mo rent into $1,329/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,845/mo, and annual cash flow totals $15,945/yr on $124,313 invested. Return on cash invested prints 32.74% in year one, and rental yield reads 12.3% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 172.31% and total cumulative return in cash sums $214,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,845/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Condo
Built in 2024
8.47 Acres lot
$N/A/sqft
$150 monthly HOA
Neighborhood data shown for ZIP Code: 04083, Springvale, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,114 (100%) |
| Owner Occupied HU | 1,318 (62.3%) |
| Renter Occupied HU | 666 (31.5%) |
| Vacant Housing Units | 130 ( 6.1%) |
| Median Home Value | $416,379 |
| Average Home Value | $426,354 |
Residential
2,002
Single Family
1,904
Multi-Family
98
Businesses
159
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Sold | $375,000 |
| 2025-03-11 | Contingent | $379,900 |
| 2024-08-07 | Price change | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Kre Brokerage Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1585726
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