78 Applegate Lane #78, Falmouth, ME, 04105 | 6.31% Rental Yield

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78 Applegate Lane #78, Falmouth, ME, 04105 | 6.31% 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 Falmouth at 78 Applegate Lane #78, Falmouth, ME, 04105 listed at $685,000 pairs $3,600/mo rent with a $3,353/mo payment. Total monthly income runs $3,600/mo. Return on cash invested measures 16.21% in year one, and rental yield registers 6.31% at a $685,000 basis. Equity gained on principal adds $4,420/yr, and annual property appreciation at 5% supports $189,253 by year five. Five-year ROI tracks 83.12% and total cumulative return in cash totals $187,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $3,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 3-bedroom, 2-bath condo on Falmouth Foreside! This light-filled home offers a modern, open-concept layout with fresh finishes throughout, including an updated kitchen, stylish baths, and spacious bedrooms. Enjoy low-maintenance coastal living just minutes from Town Landing, marinas, restaurants, and all that the Foreside has to offer. With its turnkey condition and unbeatable location, this condo is the perfect blend of comfort, convenience, and Maine seaside charm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04105, Falmouth, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,499 (100%)
Owner Occupied HU	4,268 (77.6%)
Renter Occupied HU	814 (14.8%)
Vacant Housing Units	417 ( 7.6%)
Median Home Value	$751,057
Average Home Value	$879,727