1 Old County Road #140WellsME04090
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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
Rental property for sale in Wells at 1 Old County Road #140, Wells, ME, 04090 priced at $365,500 pairs $2,812/mo rent with $110/mo cash flow after a $1,789/mo payment. Total monthly income equals $2,812/mo, and annual cash flow comes to $1,323/yr on $121,163 invested. Return on cash invested is 21% in year one, and rental yield stands at 9.23% on a $365,500 basis. Equity gained on principal adds $2,359/yr, and 5% annual appreciation accumulates to $100,981 by year five. Five-year ROI measures 110.3% and total cumulative return in cash reaches $133,640. For financing, Ziffy Mortgage’s DSCR program evaluates $2,812/mo property income against a $1,789/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2010
0.32 Acres lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04090, Wells, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,925 (100%) |
| Owner Occupied HU | 4,746 (47.8%) |
| Renter Occupied HU | 719 ( 7.2%) |
| Vacant Housing Units | 4,460 (44.9%) |
| Median Home Value | $545,665 |
| Average Home Value | $587,209 |
Housing Distribution
Address Breakdown
Residential
5,913
Single Family
5,727
Multi-Family
186
Businesses
417
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Listed by: N/A • RE/MAX Shoreline
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1626317
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