98 Waldron Point Road & Doctor IslandCascoME04015
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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 98 Waldron Point Road & Doctor Island, Casco, ME, 04015 projects strong ROI of 0.95%. Rental yield 1.28%. With 5% annual appreciation, the property builds $1,001,521 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.23%, translating into $14,399 in total cumulative return on $1,174,500 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1950
14 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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Listed by: N/A • Meservier & Associates
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1625504
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782