261 Point Sebago Rd #S0762CascoME04015
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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
Investment property for sale in Casco at 261 Point Sebago Rd #S0762, Casco, ME, 04015 uses $62,952 cash to close to unlock $8,184/yr annual cash flow and $682/mo monthly cash flow. Total monthly income runs $1,880/mo, and a $929/mo payment keeps the spread at $682/mo. Purchase price stands at $189,900, and rental yield measures 11.88% with $1,880/mo rent. Return on cash invested shows 32.91% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 172.69% and total cumulative return in cash records $108,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,880/mo property income covering a $929/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04015, Casco, ME area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
54
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