216 E East Shore RoadEast WaterboroME04030
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 216 E East Shore Road, East Waterboro, ME, 04030 in East Waterboro fits: $850,000, 4.49% gross yield, and a projected 5% annual appreciation rate adding $234,839 in value within five years. Rental yield 4.49%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.83) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $7,829/yr in principal paydown and $234,839 in appreciation project a total return of $182,254.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 7.5% |
| Monthly Cash Flow | $(2,183) | $850 |
City averages based on East Waterboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,181 |
| Total Monthly Debt Service | $5,026 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04030, East Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,276 (100%) |
| Owner Occupied HU | 777 (60.9%) |
| Renter Occupied HU | 113 ( 8.9%) |
| Vacant Housing Units | 386 (30.3%) |
| Median Home Value | $461,709 |
| Average Home Value | $555,798 |
Housing Distribution
Address Breakdown
Residential
824
Single Family
808
Multi-Family
16
Businesses
56
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
Single Family
Built in 1988
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04030, East Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,276 (100%) |
| Owner Occupied HU | 777 (60.9%) |
| Renter Occupied HU | 113 ( 8.9%) |
| Vacant Housing Units | 386 (30.3%) |
| Median Home Value | $461,709 |
| Average Home Value | $555,798 |
Housing Distribution
Address Breakdown
Residential
824
Single Family
808
Multi-Family
16
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Berkshire Hathaway HomeServices Verani Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1630263
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