40 Oakland AvenueWestbrookME04092
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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 Westbrook at 40 Oakland Avenue, Westbrook, ME, 04092 with 5% annual appreciation on a $469,900 basis while $3,480/mo rent supports operations. Total monthly income totals $3,480/mo and a $2,300/mo payment preserves $514/mo for cash returns. Annual cash flow comes to $6,172/yr on $155,772 deployed, and return on cash invested reaches 23.87% in year one. Equity gained on principal adds $3,032/yr, and five-year appreciation sums $129,825 alongside rental yield of 8.89%. Five-year ROI measures 124.26% and total cumulative return in cash totals $193,562.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,480/mo property income versus a $2,300/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04092, Westbrook, ME area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,188
Single Family
7,919
Multi-Family
1,269
Businesses
653
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