22,23,24 Wanaque RoadCape NeddickME03902
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Cape Neddick at 22,23,24 Wanaque Road, Cape Neddick, ME, 03902 projects strong ROI of -1.38%. Rental yield 0.79%. With 5% annual appreciation, the property builds $1,367,594 in value over five years. Equity growth combined delivers a projected five-year ROI of 5.56%, translating into $77,739 in total cumulative return on $1,398,375 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.8% | 5.0% |
| Monthly Cash Flow | $(28,000) | $800 |
City averages based on Cape Neddick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,240 |
| Total Monthly Debt Service | $29,271 |
| DSCR Ratio | 0.11x |
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.
Multi Family
Built in 2010
1.90 Acres lot
$N/A/sqft
No HOA
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
Multi Family
Built in 2010
1.90 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: PrimeMLS
Mls ID: #5083076