278 Saco RoadColumbiaME04623
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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 Columbia at 278 Saco Road, Columbia, ME, 04623 at $429,900 posts ROI 19.14% with from $2,622/mo rent. Total monthly income equals $2,622/mo. Return on cash invested measures 19.14% and rental yield reads 7.32% at the current $429,900. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 by year five. Five-year ROI prints 98.89% and total cumulative return in cash totals $140,923. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,622/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
29.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04623, Columbia Falls, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 370 (61.7%) |
| Renter Occupied HU | 73 (12.2%) |
| Vacant Housing Units | 157 (26.2%) |
| Median Home Value | $156,250 |
| Average Home Value | $197,061 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
35
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