66 Saima Lane, Union, ME, 04862 | 4.77% Rental Yield

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66 Saima Lane, Union, ME, 04862 | 4.77% Rental Yield | 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

Investment property for sale in Union at 66 Saima Lane, Union, ME, 04862 at $825,000 posts ROI 11.54% with from $3,280/mo rent. Total monthly income equals $3,280/mo. Return on cash invested measures 11.54% and rental yield reads 4.77% at the current $825,000. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 by year five. Five-year ROI prints 58.11% and total cumulative return in cash totals $157,737. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,280/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1999

2.72 Acres lot

$N/A/sqft

No HOA

More details about the property

Seven Tree Pond is as classic as the book Come Spring that introduces us to the Robbins family as the first permanent settlers of the town of Union who setteled at this very homestead. History is woven throughout the town of Union and especially along the shores of this nearly three acre parcel granting sweeping lawns and open views to over 300 feet of pristine waterfrtont. The newer cape style home has a clean Scandanavain feel with light wood floors, plenty of sun streaming through the windows and efficent design. Enjoy the adjoining original cabin/home which is great for guests and family overflow. Thoughtfully designed on the lot for privacy and to take advantage of the waterviews. A super boatshed near the water is great storage for all watersport and outdoor play items. The house is great as a year 'round property that also has a solid rental history. Enjoy learning about the amazing history of this special location while living in a newer home with modern conveniences and an easy to care for design.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04862, Union, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,073 (100%)
Owner Occupied HU	1,521 (73.4%)
Renter Occupied HU	191 ( 9.2%)
Vacant Housing Units	361 (17.4%)
Median Home Value	$318,608
Average Home Value	$347,939