333 Long Sands Road UNIT 11YorkME03909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 York at 333 Long Sands Road UNIT 11, York, ME, 03909 generates $1,798/mo in rent and, after a $1,028/mo payment, leaves $410/mo in cash flow. Total monthly income is $1,798/mo, and annual cash flow is $4,920/yr on $69,615 invested. Return on cash invested sits at 26.98% in year one, and rental yield is 10.27% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 141.27% and total cumulative return in cash sums $98,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,798/mo property income rather than buyer’s personal income.
Condo
Built in 1950
2.89 Acres lot
$N/A/sqft
$750 annually 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 |
Housing Distribution
Address Breakdown
Residential
4,734
Single Family
4,531
Multi-Family
203
Businesses
474
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Listed by: N/A • RE/MAX Realty One
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1603037
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782