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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 Wells at 4 Striper Way UNIT 46, Wells, ME, 04090 with 5% annual appreciation on a $579,000 basis while $2,160/mo rent supports operations. 44% in year one. Equity gained on principal adds $3,736/yr, and five-year appreciation sums $159,967 alongside rental yield of 4.48%. Five-year ROI measures 42.29% and total cumulative return in cash totals $80,551. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $2,834/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood data shown for ZIP Code: 04090, Wells, ME area.
| 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 |
Residential
5,913
Single Family
5,727
Multi-Family
186
Businesses
417
Date | Event | Price |
|---|---|---|
| 2024-07-09 | Listed for sale | $579,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lorilyn Barrett • Coldwell Banker Yorke Realty
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5004167
Disclaimer: Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-11-11 08:33:50 PST. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
