11 Cruz DriveWalesME04280
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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 Wales at 11 Cruz Drive, Wales, ME, 04280 priced at $349,800 converts $2,923/mo rent into $715/mo cash flow after a $1,712/mo obligation. Total monthly income equals $2,923/mo, and annual cash flow totals $8,585/yr on $115,959 invested. Return on cash invested prints 27.31% in year one, and rental yield reads 10.03% against a $349,800 entry. Equity gained on principal adds $2,257/yr, while 5% annual appreciation compiles into $96,643 by year five. Five-year ROI reaches 142.72% and total cumulative return in cash sums $165,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,923/mo property income covering a $1,712/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04280, Sabattus, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,029 (100%) |
| Owner Occupied HU | 2,381 (78.6%) |
| Renter Occupied HU | 418 (13.8%) |
| Vacant Housing Units | 230 ( 7.6%) |
| Median Home Value | $269,737 |
| Average Home Value | $289,087 |
Housing Distribution
Address Breakdown
Residential
2,561
Single Family
2,561
Multi-Family
0
Businesses
112
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