261 Point Sebago Rd #S1517CascoME04015
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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 #S1517, Casco, ME, 04015 uses $74,588 cash to close to unlock $7,011/yr annual cash flow and $584/mo monthly cash flow. Total monthly income runs $2,004/mo, and a $1,101/mo payment keeps the spread at $584/mo. Purchase price stands at $225,000, and rental yield measures 10.69% with $2,004/mo rent. Return on cash invested shows 29.31% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 153.46% and total cumulative return in cash records $114,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,004/mo property income covering a $1,101/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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