309 Montsweag RoadWoolwichME04579
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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 Woolwich at 309 Montsweag Road, Woolwich, ME, 04579 earns $129/mo cash flow from $1,701/mo rent with a $1,219/mo payment. Total monthly income totals $1,701/mo, and annual cash flow totals $1,551/yr on $82,544 capital. ROI tracks 21.79% on current figures, and rental yield reads 8.2% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 113.13% and total cumulative return in cash sums $93,380. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,701/mo property income instead of your personal income.
Single Family
Built in 1970
2.10 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04579, Woolwich, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,242 (81.4%) |
| Renter Occupied HU | 121 ( 7.9%) |
| Vacant Housing Units | 162 (10.6%) |
| Median Home Value | $354,044 |
| Average Home Value | $484,356 |
Housing Distribution
Address Breakdown
Residential
1,292
Single Family
1,292
Multi-Family
0
Businesses
55
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-19 | Listed for sale | $249,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-19 | $2225.00 | N/A | $144,500 | N/A |
| 2022-04-19 | $2225.00 | N/A | $144,500 | N/A |
| 2021-04-19 | $2225.00 | N/A | $144,500 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1970
- Architectural Style: Raised Ranch
- Building Area: 1,314
- Living Area: 1,314 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard
- Cooling: None
- Flooring: Wood, Vinyl, Carpet
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: 1 - 4 Spaces, Other, Detached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Design Available
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Anchor Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1619586
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782