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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Westbrook at 243 Bond St, Westbrook, ME, 04092 listed at $199,900 pairs $1,080/mo rent with a $978/mo payment. Total monthly income runs $1,080/mo. Return on cash invested measures 2.68% in year one, and rental yield registers 6.48% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 15.68% and total cumulative return in cash totals $10,393. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
N/A lot
$N/A/sqft
$770 monthly HOA
Neighborhood data shown for ZIP Code: 04092, Westbrook, ME area.
| 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 |
Residential
9,188
Single Family
7,919
Multi-Family
1,269
Businesses
653
Date | Event | Price |
|---|---|---|
| 2025-01-21 | Price change | $199,900 |
| 2024-08-12 | Pending sale | $169,900 |
| 2024-07-21 | Price change | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kathee Somes • Mobile Home Brokers Unlimited
Mls Name: My State MLS
Mls ID: #11412528
