21 Clover Lane #402WestbrookME04092
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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
Rental property for sale in Westbrook at 21 Clover Lane #402, Westbrook, ME, 04092 generates $2,230/mo in rent and, after a $1,627/mo payment, leaves $132/mo in cash flow. Total monthly income is $2,230/mo, and annual cash flow is $1,584/yr on $110,224 invested. Return on cash invested sits at 21.35% in year one, and rental yield is 8.05% on a $332,500 entry. Equity gained on principal adds $2,146/yr, while 5% annual appreciation builds toward $91,864 over five years. Five-year ROI reaches 110.69% and total cumulative return in cash sums $122,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,230/mo property income rather than buyer’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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