24 Youngs Lake RoadWestfieldME04787
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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 Westfield at 24 Youngs Lake Road, Westfield, ME, 04787 uses $82,875 cash to close to unlock $298/yr annual cash flow and $25/mo monthly cash flow. Total monthly income runs $1,603/mo, and a $1,224/mo payment keeps the spread at $25/mo. Purchase price stands at $250,000, and rental yield measures 7.69% with $1,603/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 104.92% and total cumulative return in cash records $86,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,603/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04787, Westfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 327 (100%) |
| Owner Occupied HU | 212 (64.8%) |
| Renter Occupied HU | 50 (15.3%) |
| Vacant Housing Units | 65 (19.9%) |
| Median Home Value | $228,125 |
| Average Home Value | $263,514 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
5
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