794 Pleasant Point Road, Cushing, ME, 04563 | 6.69% Rental Yield

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794 Pleasant Point Road, Cushing, ME, 04563 | 6.69% 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

Rental property for sale in Cushing at 794 Pleasant Point Road, Cushing, ME, 04563 generates $5,294/mo in rent, after a $4,645/mo payment. Total monthly income is $5,294/mo. Return on cash invested sits at 17.39% in year one, and rental yield is 6.69% on a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 89.45% and total cumulative return in cash sums $279,276. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,294/mo property income rather than buyer’s personal income.

Single Family

Built in 2006

4.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Contemporary home with first floor primary suite, situated high above Maple Juice Cove and the St George River with water views from the first floor and second floors. A large kitchen with an island, and a fireplace sitting area, is great for entertaining. Heat pumps throughout for heating and cooling, and radiant heat on the whole first floor. Formal dining, sitting room/foyer with a fireplace and large first floor office adjacent to the primary bedroom. Three bedrooms upstairs, one with an ensuite bath, and a shared bath at the end of the hall. Laundry on the first and second floor. Three car garage, with direct entry thru a mudroom. The house needs some cosmetic upgrades, and a new roof, and has been priced to reflect that. A well built large home, just waiting for a new owner to take it to the next level. The current owner has been renting it for the summer through VACASA, and can show rental history/income if desired.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04563, Cushing, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	912 (100%)
Owner Occupied HU	520 (57.0%)
Renter Occupied HU	113 (12.4%)
Vacant Housing Units	279 (30.6%)
Median Home Value	$490,909
Average Home Value	$558,505