2 Brookwest Lane UNIT 2, Westbrook, ME, 04092 | $668/mo Cash Flow

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2 Brookwest Lane UNIT 2, Westbrook, ME, 04092 | $668/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 Westbrook at 2 Brookwest Lane UNIT 2, Westbrook, ME, 04092 offers a 11.66% rental yield on a $289,999 purchase with $2,818/mo rent. Total monthly income registers $2,818/mo, and a $1,419/mo payment leaves $668/mo available for distribution. Annual cash flow reaches $8,018/yr on $96,135 to close, and return on cash invested stands at 28.25% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,121 over five years. Portfolio math shows five-year ROI at 149.22% and total cumulative return in cash at $143,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,818/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1983

N/A lot

$N/A/sqft

$320 monthly HOA

More details about the property

Welcome to 2 Brookwest Ln, Westbrook! This charming home features 2 bedrooms, 1 bathroom, and a FULL basement, offering ample space and potential for customization. The property has updated flooring throughout, with the opportunity for future upgrades to the kitchen and bathroom to truly make it your own. Located in the sought-after Brookwest community, you'll enjoy a welcoming neighborhood atmosphere along with the convenience of downtown Westbrook's nearby amenities. The location offers easy access to major routes, just a 6-minute drive to the I-95 north and south onramps, 5 minutes to Rock Row, and only 15 minutes to downtown Portland. Don't miss out on this fantastic opportunity to own in a prime location at an affordable price. Schedule your showing today!

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

Price History

Date	Event	Price
2025-02-05	Listed for sale	$289,999

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

2 Bed
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1056 sft

345 Saco Street #4, Westbrook, ME, 04092

2 Bed
2 Bath
1032 sft

10 Ocean Park Road #4, Old Orchard Beach, ME, 04064

2 Bed
2 Bath
1228 sft

700 Saco Street UNIT 4, Westbrook, ME, 04092

2 Bed
2 Bath
1056 sft

345 Saco Street #23, Westbrook, ME, 04092

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2 Bed
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1032 sft

10 Ocean Park Road #4, Old Orchard Beach, ME, 04064

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831 sft

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3 Bed
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852 sft

185 Dunnell Road, Buxton, ME, 04093

2 Bed
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91 Western Avenue #1, Biddeford, ME, 04005

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1983
Architectural Style: Townhouse
Building Area: 1,008
Living Area: 1,008 sqft
Property Condition: N/A

Features & Amenities

Heating: Direct Vent Furnace, Baseboard
Cooling: None
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Common

Location

City: Westbrook
State: ME
Subdivision: N/A
Lot Size: N/A
Lot Features: Level, Open Lot, City Lot, Near Shopping, Neighborhood
View: N/A

HOA & Fees

HOA Fee: $320 monthly
Association Fee: $320 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Public Sewer
Water Source: Public
Road Surface Type: Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Keller Williams Realty

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1613897

Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782

2 Brookwest Lane UNIT 2,Westbrook,ME,04092

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

2 Brookwest Lane UNIT 2WestbrookME04092