261 Point Sebago Rd #S0846CascoME04015
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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 #S0846, Casco, ME, 04015 uses $39,747 cash to close to unlock $2,090/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $931/mo, and a $587/mo payment keeps the spread at $174/mo. Purchase price stands at $119,900, and rental yield measures 9.32% with $931/mo rent. Return on cash invested shows 25.17% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 131.3% and total cumulative return in cash records $52,188. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $931/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
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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