1641 Waltham RoadEllsworthME04605
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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 Ellsworth at 1641 Waltham Road, Ellsworth, ME, 04605 uses $56,322 cash to close to unlock $3,376/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $1,354/mo, and a $832/mo payment keeps the spread at $281/mo. Purchase price stands at $169,900, and rental yield measures 9.56% with $1,354/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 135.19% and total cumulative return in cash records $76,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,354/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1980
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04605, Ellsworth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,069 (100%) |
| Owner Occupied HU | 4,752 (52.4%) |
| Renter Occupied HU | 1,780 (19.6%) |
| Vacant Housing Units | 2,537 (28.0%) |
| Median Home Value | $298,411 |
| Average Home Value | $372,243 |
Housing Distribution
Address Breakdown
Residential
6,940
Single Family
6,598
Multi-Family
342
Businesses
915
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