1439 Middle RoadWoolwichME04579
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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
Investment property for sale in Woolwich at 1439 Middle Road, Woolwich, ME, 04579 with 5% annual appreciation on a $260,000 basis while $2,500/mo rent supports operations. Total monthly income totals $2,500/mo and a $1,273/mo payment preserves $859/mo for cash returns. Annual cash flow comes to $10,304/yr on $86,190 deployed, and return on cash invested reaches 31.86% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 11.54%. Five-year ROI measures 167.13% and total cumulative return in cash totals $144,053.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,500/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1984
1.26 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04579, Woolwich, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,242 (81.4%) |
| Renter Occupied HU | 121 ( 7.9%) |
| Vacant Housing Units | 162 (10.6%) |
| Median Home Value | $354,044 |
| Average Home Value | $484,356 |
Housing Distribution
Address Breakdown
Residential
1,292
Single Family
1,292
Multi-Family
0
Businesses
55
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Listed for sale | $260,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-15 | $882.00 | N/A | $57,300 | N/A |
| 2021-10-15 | $882.00 | N/A | $57,300 | N/A |
| 2020-10-15 | $882.00 | 1.61% | $57,300 | N/A |
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1984
- Architectural Style: N/A
- Building Area: 1,200
- Living Area: 1,200 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Direct Vent Furnace
- Cooling: None
- Flooring: N/A
- Interior Features: 1st Floor Primary Bedroom w/Bath, One-Floor Living
- Exterior Features: N/A
- Parking Features: 5 - 10 Spaces, Gravel
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Private Sewer
- Water Source: Private
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • RE/MAX Riverside
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1606096
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782