232 Augusta Road, Topsham, ME, 04086 | 7.18% Rental Yield

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232 Augusta Road, Topsham, ME, 04086 | 7.18% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Topsham at 232 Augusta Road, Topsham, ME, 04086 offers $2,304/mo rent that, after a $1,884/mo payment. Total monthly income is $2,304/mo. Return on cash invested measures 18.73% in year one, and rental yield stands at 7.18% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 96.68% and total cumulative return in cash reaches $123,394. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,304/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

1.01 Acres lot

$N/A/sqft

No HOA

More details about the property

Solid and spacious, this well-built split-level home offers a great opportunity for someone ready to make it their own. While split-levels may not be everyone's first choice, the smart layout, quality construction, and generous square footage make this home a true value. Set in a peaceful country setting just a mile from downtown Topsham and I-295 north and south, the location balances convenience with privacy. The home has been well maintained over the years and includes many functional upgrades: a metal roof, heat pump, pellet stove, a hybrid water heater, and the beautiful hardwood floors add warmth and character throughout. The oversized garage provides plenty of space for hobbies, projects, additional storage or parking. A custom-fit chair lift designed for this home is also available, offering added accessibility if needed. This affordable home with some cosmetic updates could truly shine. A great canvas for someone seeking space, function, and a quiet location close to town. You will notice the seller has only owned home for about 9 months. Sometimes life brings unexpected clarity the current owner quickly realized their heart belongs back in their hometown. Their change of heart is your opportunity to own a well-maintained, move-in ready home without the wait.