380 Wottons Mill RoadWarrenME04864
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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 Warren at 380 Wottons Mill Road, Warren, ME, 04864 offers a 8.11% rental yield on a $515,000 purchase with $3,479/mo rent. Total monthly income registers $3,479/mo, and a $2,521/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,741/yr on $169,435 to close, and return on cash invested stands at 21.68% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 112.47% and total cumulative return in cash at $190,561. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,479/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04864, Warren, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,939 (100%) |
| Owner Occupied HU | 1,383 (71.3%) |
| Renter Occupied HU | 290 (15.0%) |
| Vacant Housing Units | 266 (13.7%) |
| Median Home Value | $279,835 |
| Average Home Value | $295,201 |
Housing Distribution
Address Breakdown
Residential
1,607
Single Family
1,607
Multi-Family
0
Businesses
102
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