60 Sequoia LaneNorth WaterboroME04061
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
Investment property for sale in North Waterboro at 60 Sequoia Lane, North Waterboro, ME, 04061 listed at $515,000 pairs $2,938/mo rent with a $2,521/mo payment. Total monthly income runs $2,938/mo. Return on cash invested measures 17.85% in year one, and rental yield registers 6.85% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 91.92% and total cumulative return in cash totals $155,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,938/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04061, North Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,547 (100%) |
| Owner Occupied HU | 1,220 (78.9%) |
| Renter Occupied HU | 90 ( 5.8%) |
| Vacant Housing Units | 237 (15.3%) |
| Median Home Value | $369,110 |
| Average Home Value | $370,359 |
Housing Distribution
Address Breakdown
Residential
1,212
Single Family
932
Multi-Family
280
Businesses
29
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Listed by: N/A • Treeline to Shoreline Realty
Mls Name: Maine Listings
Mls ID: #1641695