36 Sand Point Lane #24Cumberland ForesideME04110
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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 Cumberland Foreside at 36 Sand Point Lane #24, Cumberland Foreside, ME, 04110 uses $240,170 cash to close to unlock $81,814/yr annual cash flow and $6,818/mo monthly cash flow. Total monthly income runs $12,000/mo, and a $3,573/mo payment keeps the spread at $6,818/mo. Purchase price stands at $730,000, and rental yield measures 19.73% with $12,000/mo rent. Return on cash invested shows 54.13% in year one, and 5% annual appreciation builds toward $201,686 over five years. Five-year ROI reaches 287.49% and total cumulative return in cash records $690,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $12,000/mo property income covering a $3,573/mo payment rather than investor’s personal income.
Condo
Built in 2007
6,098 sqft lot
$N/A/sqft
$575 monthly HOA
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Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1631994
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782