24 Harvard StreetSebagoME04029
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
Investment Highlights
Rental property for sale in Sebago at 24 Harvard Street, Sebago, ME, 04029 priced at $175,000 pairs $1,342/mo rent with $237/mo cash flow after a $857/mo payment. Total monthly income equals $1,342/mo, and annual cash flow comes to $2,845/yr on $58,013 invested. Return on cash invested is 24.81% in year one, and rental yield stands at 9.2% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 129.4% and total cumulative return in cash reaches $75,067. For financing, Ziffy Mortgage’s DSCR program evaluates $1,342/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1968
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04029, Sebago, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,624 (100%) |
| Owner Occupied HU | 763 (47.0%) |
| Renter Occupied HU | 111 ( 6.8%) |
| Vacant Housing Units | 750 (46.2%) |
| Median Home Value | $251,238 |
| Average Home Value | $318,299 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
35
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