8 Cole Field RoadCape ElizabethME04107
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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 Cape Elizabeth at 8 Cole Field Road, Cape Elizabeth, ME, 04107 offers a 6.83% rental yield on a $1,170,000 purchase with $6,659/mo rent. 7% in year one. Equity gained on principal adds $7,550/yr while 5% annual appreciation supports $323,249 over five years. Portfolio math shows five-year ROI at 91.21% and total cumulative return in cash at $345,769. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,659/mo property income against a $5,727/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
2.89 Acres lot
$N/A/sqft
$1,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04107, Cape Elizabeth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,176 (100%) |
| Owner Occupied HU | 3,424 (82.0%) |
| Renter Occupied HU | 419 (10.0%) |
| Vacant Housing Units | 333 ( 8.0%) |
| Median Home Value | $683,369 |
| Average Home Value | $814,860 |
Housing Distribution
Address Breakdown
Residential
4,115
Single Family
4,040
Multi-Family
75
Businesses
70
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Listed by: N/A • Advisors Living, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1600296
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782