7 Beachwood Bay Drive #2CutlerME04626
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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 Cutler at 7 Beachwood Bay Drive #2, Cutler, ME, 04626 uses $43,725 cash to close to unlock $1,886/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $990/mo, and a $646/mo payment keeps the spread at $157/mo. Purchase price stands at $131,900, and rental yield measures 9.01% with $990/mo rent. Return on cash invested shows 24.22% in year one, and 5% annual appreciation builds toward $36,442 over five years. Five-year ROI reaches 126.27% and total cumulative return in cash records $55,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $990/mo property income covering a $646/mo payment rather than investor’s personal income.
Condo
Built in 1980
31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04626, Cutler, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 185 (50.5%) |
| Renter Occupied HU | 32 ( 8.7%) |
| Vacant Housing Units | 149 (40.7%) |
| Median Home Value | $200,893 |
| Average Home Value | $237,595 |
Housing Distribution
Address Breakdown
Residential
254
Single Family
254
Multi-Family
0
Businesses
14
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