1 Matinicus Way #1, Windham, ME, 04062 | $444/mo Cash Flow

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1 Matinicus Way #1, Windham, ME, 04062 | $444/mo Cash Flow | 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 Windham at 1 Matinicus Way #1, Windham, ME, 04062 listed at $390,000 pairs $2,905/mo rent with a $1,909/mo payment to leave $444/mo cash flow. Total monthly income runs $2,905/mo, and annual cash flow reaches $5,322/yr on $129,285 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 8.94% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 125.1% and total cumulative return in cash totals $161,732. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,905/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2018

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1 Matinicus Way a charming, low-maintenance single level condo offering comfort, and convenience. This 2-bedroom, 1.5-bath unit features 767 square feet of thoughtfully designed living space, an attached one-car garage, and a bonus enclosed 3-season sunroom perfect for enjoying your morning coffee or unwinding in the evening. The open-concept layout connects the kitchen, dining, and living areas seamlessly, creating a cozy and functional flow for everyday ease. Tucked in a quiet 55+ Windham association just minutes from shopping, dining, trails, and lakes. This condo is a peaceful retreat with quick access to all that the Lakes Region and Greater Portland features. Schedule your showing today and discover the lifestyle this welcoming condo has to offer!