31 Ocean Avenue #301, York, ME, 03909 | 5.57% Rental Yield

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 York at 31 Ocean Avenue #301, York, ME, 03909 earns from $3,942/mo rent with a $4,160/mo payment. Total monthly income totals $3,942/mo. ROI tracks 13.96% on current figures, and rental yield reads 5.57% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 71.06% and total cumulative return in cash sums $198,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,942/mo property income instead of your personal income.

Condo

Built in 1987

3.85 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 03909, York, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,891 (100%)
Owner Occupied HU	4,276 (54.2%)
Renter Occupied HU	783 ( 9.9%)
Vacant Housing Units	2,832 (35.9%)
Median Home Value	$644,778
Average Home Value	$741,313