4 Izzys Lane UNIT 16, Wells, ME, 04090 | 4.4% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

4 Izzys Lane UNIT 16, Wells, ME, 04090 | 4.4% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Currently Rented+ 3 more

6 Bed
4 Bath
3915 sft

223 High Street, Somersworth, NH, 03878

Currently Rented+ 1 more

4 Bed
2 Bath
2224 sft

234-236 Main Street, Somersworth, NH, 03878

10A The Crossings at Village Center Drive

2 Bed
2 Bath
1250 sft

10A The Crossings at Village Center Drive, Barrington, NH, 03825

Currently Rented+ 2 more

6 Bed
2 Bath
3047 sft

208 Main Street, Somersworth, NH, 03878

Nearby investment properties with comparable prices

1 Bed
2 Bath
1174 sft

100 Shepards Cove Road #F204, Kittery, ME, 03904

4 Bed
2 Bath
2038 sft

74 Maple Street, North Berwick, ME, 03906

3 Bed
3 Bath
1520 sft

2 Strafford Road, Dover, NH, 03820

1 Bed
1 Bath
1246 sft

100 Shepards Cove Road #G204, Kittery, ME, 03904

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wells at 4 Izzys Lane UNIT 16, Wells, ME, 04090 earns from $2,160/mo rent with a $2,883/mo payment. Total monthly income totals $2,160/mo. ROI tracks 7.44% on current figures, and rental yield reads 4.4% at a $589,000 purchase. Equity gained on principal adds $3,801/yr, and 5% annual appreciation supports $162,730 over five years. Five-year ROI reaches 37.21% and total cumulative return in cash sums $72,110. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.

Condo

Built in 2022

124.47 Acres lot

$N/A/sqft

$480 monthly HOA

More details about the property

Discover the perfect blend of modern luxury and comfortable living in this stunning condominium, located in a sought-after 55+ community of Fairway View Village. Thoughtfully designed with numerous upgrades, this home offers a warm and inviting atmosphere with high-end finishes throughout. Step inside to gorgeous Red Oak hardwood flooring that flows seamlessly through the main living areas. The open-concept kitchen is a chef's dream, featuring granite countertops, a striking backsplash, a spacious island, and a gas rangeperfect for entertaining. Step out onto your patio through the beautiful sliders where the grillin' is easy! Relax by the cozy gas fireplace in the living room or enjoy year-round comfort with central air conditioning and ceiling fans. A finished bonus room provides additional space for an office, den, or guest retreat. Practical enhancements include storm doors for added security and energy efficiency, plus a whole-house generator for peace of mind. The clubhouse is within walking distance and provides a full kitchen and living area, an exercise room and a place to pick up your mail and catch up with your neighbors. This exceptional home offers effortless, low-maintenance living in a vibrant community. Located near shopping, dining, healthcare facilities, and entertainment,Fairway View Village ensures convenience is always within reach. Experience the best in 55+ livingschedule your visit today and discover your new home!

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

Price History

Date	Event	Price
2025-03-13	Listed for sale	$589,000
2022-08-05	Sold	$486,948
2021-11-04	Pending sale	$485,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

Currently Rented+ 3 more

6 Bed
4 Bath
3915 sft

223 High Street, Somersworth, NH, 03878

Currently Rented+ 1 more

4 Bed
2 Bath
2224 sft

234-236 Main Street, Somersworth, NH, 03878

2 Bed
2 Bath
1250 sft

10A The Crossings at Village Center Drive, Barrington, NH, 03825

Currently Rented+ 2 more

6 Bed
2 Bath
3047 sft

208 Main Street, Somersworth, NH, 03878

Nearby investment properties with comparable prices

1 Bed
2 Bath
1174 sft

100 Shepards Cove Road #F204, Kittery, ME, 03904

4 Bed
2 Bath
2038 sft

74 Maple Street, North Berwick, ME, 03906

3 Bed
3 Bath
1520 sft

2 Strafford Road, Dover, NH, 03820

1 Bed
1 Bath
1246 sft

100 Shepards Cove Road #G204, Kittery, ME, 03904

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2022
Architectural Style: Contemporary,Cape Cod,Townhouse
Building Area: 1,920
Living Area: 1,920 sqft
Property Condition: N/A

Features & Amenities

Heating: Multi-Zones, Forced Air
Cooling: Central Air
Flooring: N/A
Interior Features: Walk-In Closet(s), 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Pantry, Shower, Storage, Primary Bedroom w/Bath
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Off Street

Location

City: Wells
State: ME
Subdivision: N/A
Lot Size: 124.47 Acres
Lot Features: Level, Open Lot, Right of Way, Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Rural, Subdivided, Irrigation System
View: Fields, Trees/Woods

HOA & Fees

HOA Fee: $480 monthly
Association Fee: $480 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Other, Private Sewer, Septic Existing on Site
Water Source: Other, Private, Well
Road Surface Type: Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Lighthouse Real Estate Group

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1616107

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

4 Izzys Lane UNIT 16,Wells,ME,04090

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

4 Izzys Lane UNIT 16WellsME04090