305 Pointed Fir Boulevard WWellsME04090
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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 Wells at 305 Pointed Fir Boulevard W, Wells, ME, 04090 offers a 3.78% rental yield on a $989,000 purchase with $3,114/mo rent. 13% in year one. Equity gained on principal adds $6,382/yr while 5% annual appreciation supports $273,242 over five years. Portfolio math shows five-year ROI at 39.96% and total cumulative return in cash at $130,014. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,114/mo property income against a $4,841/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.44 Acres lot
$N/A/sqft
$638 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04090, Wells, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,925 (100%) |
| Owner Occupied HU | 4,746 (47.8%) |
| Renter Occupied HU | 719 ( 7.2%) |
| Vacant Housing Units | 4,460 (44.9%) |
| Median Home Value | $545,665 |
| Average Home Value | $587,209 |
Housing Distribution
Address Breakdown
Residential
5,913
Single Family
5,727
Multi-Family
186
Businesses
417
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Listed by: N/A • Better Homes & Gardens Real Estate/The Masiello Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1602877
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782