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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Westbrook at 13 Richards Street, Westbrook, ME, 04092 with 5% annual appreciation on a $479,000 basis while $2,765/mo rent supports operations. 96% in year one. Equity gained on principal adds $3,091/yr, and five-year appreciation sums $132,339 alongside rental yield of 6.93%. Five-year ROI measures 92.58% and total cumulative return in cash totals $147,003. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,765/mo property income versus a $2,344/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04092, Westbrook, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,635 (100%) |
| Owner Occupied HU | 5,818 (60.4%) |
| Renter Occupied HU | 3,482 (36.1%) |
| Vacant Housing Units | 335 ( 3.5%) |
| Median Home Value | $429,262 |
| Average Home Value | $476,999 |
Residential
9,188
Single Family
7,919
Multi-Family
1,269
Businesses
653
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Listed for sale | $479,000 |
| 1998-11-01 | Sold | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $4427.00 | N/A | $265,400 | N/A |
| 2023-07-01 | $4427.00 | 10.37% | $265,400 | 19.77% |
| 2022-07-01 | $4011.00 | 1.52% | $221,600 | N/A |
Listed by: N/A • New England Realty Group LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1628021
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
