1801 Post Road #118, Wells, ME, 04090 | $430/mo Cash Flow

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1801 Post Road #118, Wells, ME, 04090 | $430/mo Cash Flow | 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

Investment property for sale in Wells at 1801 Post Road #118, Wells, ME, 04090 uses $124,313 cash to close to unlock $5,157/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $2,796/mo, and a $1,835/mo payment keeps the spread at $430/mo. Purchase price stands at $375,000, and rental yield measures 8.95% with $2,796/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 125.24% and total cumulative return in cash records $155,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,796/mo property income covering a $1,835/mo payment rather than investor’s personal income.

Condo

Built in 1986

3,484 sqft lot

$N/A/sqft

No HOA

More details about the property

Coastal living at its finest. Enjoy stunning views of the Rachel Carson Wildlife Sanctuary and Wells Harbor from this beautifully maintained two bedroom, 2 bath condo at the desirable Point East Resort. Relax on the spacious deck as you watch the sunriise in the morning or sunset in the evening. The primary bedroom features an en-suite bath for added comfort and privacy. The main floor hosts a spacious bedroom, full bath, and an open-concept living area with a kitchen that flows naturally into the living room. Point East offers a seasonal heated pool and hot tub, along with a picnic area, grills and a fire pit. Enjoy the area beaches, restaurants, shops. The resort is open March thru December and is only 90 minutes from Boston. OPEN HOUSE SATURDAY jUNE 21ST 12-3PM

Neighborhood Data

Neighborhood data shown for ZIP Code: 04090, Wells, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,925 (100%)
Owner Occupied HU	4,746 (47.8%)
Renter Occupied HU	719 ( 7.2%)
Vacant Housing Units	4,460 (44.9%)
Median Home Value	$545,665
Average Home Value	$587,209