5 Mecca Lane, Washington, ME, 04574 | Equity Gain $2,549/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5 Mecca Lane, Washington, ME, 04574 | Equity Gain $2,549/yr | Ziffy

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

Rental property for sale in Washington at 5 Mecca Lane, Washington, ME, 04574 offers $0/mo rent that, after a $1,933/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.93% in year one, and rental yield stands at 0% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1977

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Looking for space, privacy, and potential without breaking the bank? A Gambrel-style home tucked among a few seasonal camps might just be your golden ticket. Offering a total of 4 bedrooms and 2 full bathrooms -With 3 bedrooms, 1 full bath, 2 half baths in the main house, plus a bonus addition featuring its own heat zone, full bath, bedroom, and flexible living space, there's room for everyoneand then some. Great work from home location too with fiber optic internet and 5G cell service available. Need a place for the in-laws, a home office, or a shot at Airbnb income? There's a separate basement entrance with a second kitchen and finished space that opens up endless possibilities. Enjoy peaceful moments on the porch or one of two decks listening to the loons on Washington Pond. An added bonus - a workshop/shed for all your tools and hobbies, and you've got a budget-friendly property with serious upside. Square footage is estimated, but the opportunity is real.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04574, Washington, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	796 (100%)
Owner Occupied HU	548 (68.8%)
Renter Occupied HU	64 ( 8.0%)
Vacant Housing Units	184 (23.1%)
Median Home Value	$242,105
Average Home Value	$287,304