32 Queens Way, Wells, ME, 04090 | $83/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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32 Queens Way, Wells, ME, 04090 | $83/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wells at 32 Queens Way, Wells, ME, 04090 with 5% annual appreciation on a $535,000 basis while $3,460/mo rent supports operations. Total monthly income totals $3,460/mo and a $2,619/mo payment preserves $83/mo for cash returns. Annual cash flow comes to $997/yr on $176,015 deployed, and return on cash invested reaches 20.63% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,811 alongside rental yield of 7.76%. Five-year ROI measures 106.83% and total cumulative return in cash totals $188,044.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,460/mo property income versus a $2,619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1974

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your ideal coastal retreatjust one mile from the beach! This charming 4-bedroom, 2-bath home blends comfort, convenience, and an unbeatable location. Whether you're looking for a year-round residence, a vacation getaway, or a strong investment property, this home checks all the boxes. Step inside to an inviting main level featuring a huge living room with vaulted ceilings, a cozy dining room with built ins, and a well-appointed kitchen perfect for cooking, entertaining, or gathering after a day at the shore. With four generously sized bedrooms, there's plenty of room for family, guests, or a home office. Outside, enjoy a private backyard ideal for summer barbecues, relaxing under the stars, or rinsing off after the beach. The property also offers ample parking and easy access to local shops, restaurants, and coastal attractions. Move-in ready and close to everything you love about coastal livingthis is the opportunity you've been waiting for. Schedule your showing today!

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