1372 Post Road #1C, Wells, ME, 04090 | 7.41% Rental Yield

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1372 Post Road #1C, Wells, ME, 04090 | 7.41% Rental Yield | 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

Rental property for sale in Wells at 1372 Post Road #1C, Wells, ME, 04090 generates $2,160/mo in rent, after a $1,713/mo payment. Total monthly income is $2,160/mo. Return on cash invested sits at 19.4% in year one, and rental yield is 7.41% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 100.34% and total cumulative return in cash sums $116,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.

Condo

Built in 1980

3,920 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your year-round coastal retreat! This beautifully remodeled 2 bedroom second-floor, end unit condo is perfectly situated just minutes from the beach, where you can wake up to the refreshing scent of sea salt air each morning. Inside, you'll find a stylishly updated space featuring modern appliances, a washer and dryer in-unit, custom window shudders in both living room and kitchen and thoughtful upgrades throughout. Unlike many area properties, this rare gem comes with no 28-day rule, offering true year-round living at the beach. Whether you're seeking a permanent home or a seasonal getaway, this condo checks every box. With its unbeatable location, move-in ready condition, and incredible coastal lifestyle, this one won't last long. Conveniently located just off RT 1 near shops, dining, and everything the Southern Maine Coast has to offer. Don't miss your chance to own a piece of perfection in southern Maine. Open House Sunday the 31st 12-2

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