38 Atlantic Drive #38, Scarborough, ME, 04074 | ROI: 2.8%

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 Scarborough at 38 Atlantic Drive #38, Scarborough, ME, 04074 projects strong ROI of 2.8%. Rental yield 1.88%. With 5% annual appreciation, the property builds $787,402 in value over five years. Equity growth combined delivers a projected five-year ROI of 11.14%, translating into $102,881 in total cumulative return on $923,400 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04074, Scarborough, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,980 (100%)
Owner Occupied HU	7,257 (66.1%)
Renter Occupied HU	2,431 (22.1%)
Vacant Housing Units	1,292 (11.8%)
Median Home Value	$610,244
Average Home Value	$700,977