967 Meadow Road RoadCascoME04015
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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 Casco at 967 Meadow Road Road, Casco, ME, 04015 offers a 4.73% rental yield on a $695,000 purchase with $2,740/mo rent. 42% in year one. Equity gained on principal adds $4,485/yr while 5% annual appreciation supports $192,016 over five years. Portfolio math shows five-year ROI at 57.45% and total cumulative return in cash at $131,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,740/mo property income against a $3,402/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1875
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04015, Casco, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,060 (100%) |
| Owner Occupied HU | 1,316 (43.0%) |
| Renter Occupied HU | 256 ( 8.4%) |
| Vacant Housing Units | 1,488 (48.6%) |
| Median Home Value | $510,539 |
| Average Home Value | $678,892 |
Housing Distribution
Address Breakdown
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
54
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