68 Northeast RoadWaterboroME04087
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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
Rental property for sale in Waterboro at 68 Northeast Road, Waterboro, ME, 04087 generates $2,420/mo in rent and, after a $1,713/mo payment, leaves $211/mo in cash flow. Total monthly income is $2,420/mo, and annual cash flow is $2,534/yr on $116,025 invested. Return on cash invested sits at 22.09% in year one, and rental yield is 8.3% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 114.74% and total cumulative return in cash sums $133,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,420/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04087, Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,072 (100%) |
| Owner Occupied HU | 789 (73.6%) |
| Renter Occupied HU | 123 (11.5%) |
| Vacant Housing Units | 160 (14.9%) |
| Median Home Value | $403,202 |
| Average Home Value | $440,003 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
74
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