174 Wakefield RoadWest NewfieldME04095
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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 West Newfield at 174 Wakefield Road, West Newfield, ME, 04095 uses $124,313 cash to close to unlock $9,537/yr annual cash flow and $795/mo monthly cash flow. Total monthly income runs $3,161/mo, and a $1,835/mo payment keeps the spread at $795/mo. Purchase price stands at $375,000, and rental yield measures 10.12% with $3,161/mo rent. Return on cash invested shows 27.58% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 144.14% and total cumulative return in cash records $179,187. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,161/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04095, West Newfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,236 (100%) |
| Owner Occupied HU | 671 (54.3%) |
| Renter Occupied HU | 81 ( 6.6%) |
| Vacant Housing Units | 484 (39.2%) |
| Median Home Value | $363,298 |
| Average Home Value | $445,175 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
617
Multi-Family
0
Businesses
19
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Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls ID: #1634258