24 Mast LaneYarmouthME04096
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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
Investment Highlights
Rental property for sale in Yarmouth at 24 Mast Lane, Yarmouth, ME, 04096 priced at $650,000 converts $4,648/mo rent into $546/mo cash flow after a $3,181/mo obligation. Total monthly income equals $4,648/mo, and annual cash flow totals $6,554/yr on $213,850 invested. Return on cash invested prints 23.13% in year one, and rental yield reads 8.58% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 120.23% and total cumulative return in cash sums $257,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,648/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04096, Yarmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,971 (100%) |
| Owner Occupied HU | 2,788 (70.2%) |
| Renter Occupied HU | 891 (22.4%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $688,427 |
| Average Home Value | $748,146 |
Housing Distribution
Address Breakdown
Residential
3,890
Single Family
3,840
Multi-Family
50
Businesses
616
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