20 Juniper Lane #16, Westbrook, ME, 04092 | $262/mo Cash Flow

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20 Juniper Lane #16, Westbrook, ME, 04092 | $262/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Westbrook at 20 Juniper Lane #16, Westbrook, ME, 04092 offers a 8.5% rental yield on a $339,000 purchase with $2,401/mo rent. Total monthly income registers $2,401/mo, and a $1,659/mo payment leaves $262/mo available for distribution. Annual cash flow reaches $3,141/yr on $112,379 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 117.99% and total cumulative return in cash at $132,592. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,401/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

Affordable, spacious, and ready for personal touchesthis condo is a smart choice for first-time buyers or savvy investors. Offering 4 bedrooms, 2 bathrooms, and a flexible bonus room, this home gives you the space to grow, work, or relaxall with the ease of condo living. The open-concept layout is both functional and welcoming, and the first-floor primary suite with en-suite bath adds comfort and convenience. The kitchen has been updated and flows seamlessly into the dining and living areas, making it easy to entertain or unwind. A newer on-demand furnace boosts energy efficiency and peace of mind. Move in right away and enjoy it as-is or add your own cosmetic updates to make it truly yours. With MSHA Financing eligibility and a low down, this is an excellent opportunity to step into homeownership without stretching your budget. Located in desirable Westbrookclose to a major college campus, Rock Row, downtown, shopping, hiking trails, and morethis condo also has a proven rental history, making it a great investment option. Whether you're looking for your first home or a property with strong rental potential, this one checks several boxes

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