3 Forest View Lane #3, Shapleigh, ME, 04076 | 6.41% Rental Yield

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3 Forest View Lane #3, Shapleigh, ME, 04076 | 6.41% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shapleigh at 3 Forest View Lane #3, Shapleigh, ME, 04076 at $449,500 posts ROI 16.39% with from $2,400/mo rent. Total monthly income equals $2,400/mo. Return on cash invested measures 16.39% and rental yield reads 6.41% at the current $449,500. Equity gained on principal adds $2,901/yr, and 5% annual appreciation supports $124,189 by year five. Five-year ROI prints 84.16% and total cumulative return in cash totals $125,405. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1999

37 Acres lot

$N/A/sqft

No HOA

More details about the property

This is NOT your grampa's log cabin!!! Escape to the heart of southern Maine's Lakes Region w/ this beautifully upgraded log-sided cabin, offering the perfect blend of rustic character & modern comfort. Tucked away w/in a small well-maintained cabin condo community, this inviting retreat provides privacy, convenience and year-round natural beauty. Inside, you'll find numerous upgrades and thoughtful enhancements - from updated flooring and energy-efficient systems, including central air conditioning, plus a refreshed designer kitchen, a primary bedroom and bathroom. The expanded open-concept design and large windows create a warm, light-filled space with expansive views of the surrounding woods - bringing the outdoors inside! Enjoy shared deeded rights to 1,500 feet of lake frontage, featuring expansive docking, where you can tie up your canoe or kayak after an afternoon paddle, or just sit back and take in the serenity as loons glide by, fishing for their ''catch of the day'' - a quintessential Maine experience, only moments from your doorstep. With walking & hiking trails nearby, ocean beaches less than 1 HR away, winter skiing about an hour's drive & Boston under two hours, this cabin offers effortless access to the best of every season. Whether you are seeking a peaceful, year-round residence, a cozy weekend escape to a smart investment property, this cabin delivers the ideal combination of modern upgrades, woodland views and lakeside living - the perfect Maine retreat!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04076, Shapleigh, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,202 (100%)
Owner Occupied HU	1,202 (54.6%)
Renter Occupied HU	101 ( 4.6%)
Vacant Housing Units	899 (40.8%)
Median Home Value	$485,614
Average Home Value	$584,282