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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Casco at 261 Point Sebago Rd #759, Casco, ME, 04015 generates $1,624/mo in rent and, after a $957/mo payment, leaves $390/mo in cash flow. Total monthly income is $1,624/mo, and annual cash flow is $4,680/yr on $64,808 invested. Return on cash invested sits at 27.13% in year one, and rental yield is 9.97% on a $195,500 entry. Equity gained on principal adds $1,262/yr, while 5% annual appreciation builds toward $54,013 over five years. Five-year ROI reaches 141.83% and total cumulative return in cash sums $91,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,624/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04015, Casco, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,060 (100%) |
| Owner Occupied HU | 1,316 (43.0%) |
| Renter Occupied HU | 256 ( 8.4%) |
| Vacant Housing Units | 1,488 (48.6%) |
| Median Home Value | $510,539 |
| Average Home Value | $678,892 |
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
54
Date | Event | Price |
|---|---|---|
| 2024-09-15 | Listed for sale | $195,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sandra Bergman • Cove Communities
Mls Name: My State MLS
Mls ID: #11343317
