








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Alfred at 2 Windsor Drive, Alfred, ME, 04002 priced at $240,000 converts $1,658/mo rent into $143/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,658/mo, and annual cash flow totals $1,716/yr on $79,560 invested. Return on cash invested prints 22.07% in year one, and rental yield reads 8.29% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 114.56% and total cumulative return in cash sums $91,142. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,658/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Manufactured
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04002, Alfred, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,887 (74.7%) |
| Renter Occupied HU | 403 (10.4%) |
| Vacant Housing Units | 573 (14.8%) |
| Median Home Value | $461,084 |
| Average Home Value | $510,512 |
Residential
3,106
Single Family
3,091
Multi-Family
15
Businesses
145
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Signature Homes Real Estate Group, LLC
Mls Name: Maine Listings
Mls ID: #1625481