165 Wickham Way, Westbrook, ME, 04092 | 10.8% Rental Yield

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165 Wickham Way, Westbrook, ME, 04092 | 10.8% 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 Westbrook at 165 Wickham Way, Westbrook, ME, 04092 generates $1,080/mo in rent, after a $587/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 6.42% in year one, and rental yield is 10.8% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 39.08% and total cumulative return in cash sums $15,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.

Manufactured

Built in 1986

N/A lot

$N/A/sqft

$770 monthly HOA

More details about the property

Neat as a Pin sun filled front kitchen home featuring 3 bedrooms and 1 bath. This lovely home has been well cared for and many updates have been made including: Newer top kitchen cabinets, kitchen counter tops, a lovely pantry/storage area has been added, New refrigerator 2025, range and dishwasher 1.5yrs, updated laminate flooring throughout except bathroom has updated linoleum. The bathroom vanity and toilet have also been updated. The Furnace/water heater/roof all updated w/in 10yrs and a New front deck w/railings and a patio next to the shed! The home's interior color has been updated to a fresh neutral gray and baseboard has been added. The outside has been had the vinyl siding painted to a modern dark blue. The seller will leave the entertainment center w/fireplace.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04092, Westbrook, ME area.

Housing Distribution

Housing Statistics

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