21 and 22 Island View DriveWayneME04284
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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
Investment Highlights
Investment property for sale in Wayne at 21 and 22 Island View Drive, Wayne, ME, 04284 projects strong ROI of 7.83%. Rental yield 3.51%. With 5% annual appreciation, the property builds $687,941 in value over five years. Equity growth combined delivers a projected five-year ROI of 38.13%, translating into $307,579 in total cumulative return on $806,760 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1906
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04284, Wayne, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 826 (100%) |
| Owner Occupied HU | 444 (53.8%) |
| Renter Occupied HU | 54 ( 6.5%) |
| Vacant Housing Units | 328 (39.7%) |
| Median Home Value | $362,428 |
| Average Home Value | $399,780 |
Housing Distribution
Address Breakdown
Residential
503
Single Family
503
Multi-Family
0
Businesses
18
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Listed by: N/A • Legacy Properties Sotheby's International Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1608772
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