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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 35 Harrisburg Avenue, Westbrook, ME, 04092 listed at $419,900 pairs $3,548/mo rent with a $2,055/mo payment to leave $898/mo cash flow. Total monthly income runs $3,548/mo, and annual cash flow reaches $10,778/yr on $139,197 cash to close. Return on cash invested measures 27.65% in year one, and rental yield registers 10.14% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Five-year ROI tracks 144.55% and total cumulative return in cash totals $201,204. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,548/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-10-10 | Listed for sale | $419,900 |
| 1991-12-01 | Sold | $86,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-14 | $4118.00 | 1.53% | $227,500 | N/A |
| 2020-10-14 | $4056.00 | -0.17% | $227,500 | N/A |
| 2019-10-14 | $4063.00 | 3.65% | $227,500 | 15.78% |
Listed by: N/A • RE/MAX Shoreline
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1606419
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
