174 Spring StreetWestbrookME04092
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Nearby investment properties with comparable prices
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
Rental property for sale in Westbrook at 174 Spring Street, Westbrook, ME, 04092 priced at $524,900 pairs $3,535/mo rent with $222/mo cash flow after a $2,569/mo payment. Total monthly income equals $3,535/mo, and annual cash flow comes to $2,669/yr on $172,692 invested. Return on cash invested is 21.61% in year one, and rental yield stands at 8.08% on a $524,900 basis. Equity gained on principal adds $3,387/yr, and 5% annual appreciation accumulates to $145,020 by year five. Five-year ROI measures 112.08% and total cumulative return in cash reaches $193,549. For financing, Ziffy Mortgage’s DSCR program evaluates $3,535/mo property income against a $2,569/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,188
Single Family
7,919
Multi-Family
1,269
Businesses
653
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