62 Village Drive #62EliotME03903
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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 Eliot at 62 Village Drive #62, Eliot, ME, 03903 earns from $2,566/mo rent with a $2,570/mo payment. Total monthly income totals $2,566/mo. ROI tracks 14.87% on current figures, and rental yield reads 5.87% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 75.95% and total cumulative return in cash sums $131,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,566/mo property income instead of your personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03903, Eliot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 2,494 (80.8%) |
| Renter Occupied HU | 419 (13.6%) |
| Vacant Housing Units | 172 ( 5.6%) |
| Median Home Value | $606,849 |
| Average Home Value | $638,798 |
Housing Distribution
Address Breakdown
Residential
2,864
Single Family
2,756
Multi-Family
108
Businesses
248
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