186 Central Street, Westbrook, ME, 04092 | $1,720/mo Cash Flow

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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 186 Central Street, Westbrook, ME, 04092 priced at $260,000 pairs $3,361/mo rent with $1,720/mo cash flow after a $1,273/mo payment. Total monthly income equals $3,361/mo, and annual cash flow comes to $20,636/yr on $86,190 invested. Return on cash invested is 43.85% in year one, and rental yield stands at 15.51% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 231.4% and total cumulative return in cash reaches $199,445. For financing, Ziffy Mortgage’s DSCR program evaluates $3,361/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1939

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Calling all investors and handy homeowners! This 3 BR 1 BA home sits on a 9,583 sq ft. lot in a desirable Westbrook location close to schools and amenities. This home requires updating and repairs but has a solid structure and with your vision and investment, you can turn this back into the family home it once was. Here's your chance to add value and capitalize on Westbrook's market!

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