31 Convene RoadSebagoME04029
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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
Rental property for sale in Sebago at 31 Convene Road, Sebago, ME, 04029 generates $1,380/mo in rent, after a $1,801/mo payment. Total monthly income is $1,380/mo. Return on cash invested sits at 10.64% in year one, and rental yield is 4.5% on a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 53.3% and total cumulative return in cash sums $65,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,380/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
7.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04029, Sebago, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,624 (100%) |
| Owner Occupied HU | 763 (47.0%) |
| Renter Occupied HU | 111 ( 6.8%) |
| Vacant Housing Units | 750 (46.2%) |
| Median Home Value | $251,238 |
| Average Home Value | $318,299 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
35
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