23 Begin LaneWestbrookME04092
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 23 Begin Lane, Westbrook, ME, 04092 at $819,000 posts ROI 24.24% with $938/mo cash flow from $6,107/mo rent. Total monthly income equals $6,107/mo, and annual cash flow records $11,253/yr on $269,451 to close. Return on cash invested measures 24.24% and rental yield reads 8.95% at the current $819,000. Equity gained on principal adds $5,285/yr, and 5% annual appreciation supports $226,275 by year five. Five-year ROI prints 126.18% and total cumulative return in cash totals $339,981.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,107/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
2.67 Acres 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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