21 Clover Lane #309WestbrookME04092
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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 Westbrook at 21 Clover Lane #309, Westbrook, ME, 04092 uses $106,504 cash to close to unlock $2,326/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $2,222/mo, and a $1,573/mo payment keeps the spread at $194/mo. Purchase price stands at $321,280, and rental yield measures 8.3% with $2,222/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $88,764 over five years. Five-year ROI reaches 114.72% and total cumulative return in cash records $122,181. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,222/mo property income covering a $1,573/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
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
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