40 Plummer RoadWestport IslandME04578








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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
Rental property for sale in Westport Island at 40 Plummer Road, Westport Island, ME, 04578 priced at $965,064 converts $3,312/mo rent into after a $4,724/mo obligation. Total monthly income equals $3,312/mo. Return on cash invested prints 9.56% in year one, and rental yield reads 4.12% against a $965,064 entry. Equity gained on principal adds $6,227/yr, while 5% annual appreciation compiles into $266,629 by year five. Five-year ROI reaches 47.45% and total cumulative return in cash sums $150,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,312/mo property income covering a $4,724/mo payment, not borrower’s personal income.
Single Family
Built in 1985
6 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04578, Wiscasset, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,483 (100%) |
| Owner Occupied HU | 1,636 (65.9%) |
| Renter Occupied HU | 421 (17.0%) |
| Vacant Housing Units | 426 (17.2%) |
| Median Home Value | $340,434 |
| Average Home Value | $407,550 |
Housing Distribution
Address Breakdown
Residential
1,997
Single Family
1,973
Multi-Family
24
Businesses
160
Price History
Date | Event | Price |
|---|---|---|
| 2025-10-10 | Sold | $965,064 |
| 2025-09-26 | Pending sale | $995,000 |
| 2025-09-05 | Contingent | $995,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $4751.00 | N/A | $725,397 | N/A |
| 2023-10-19 | $4751.00 | -3.73% | $725,397 | 22.00% |
| 2022-10-19 | $4935.00 | 5.07% | $594,588 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1985
- Architectural Style: Cape Cod
- Building Area: 2,112
- Living Area: 2,112 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Wood Stove, Heat Pump, Direct Vent Heater
- Cooling: Heat Pump
- Flooring: Wood, Tile
- Interior Features: 1st Floor Bedroom, Pantry, Shower, Storage
- Exterior Features: N/A
- Parking Features: Storage Above, 5 - 10 Spaces, Gravel, Detached
Location
- City: Westport Island
- State: ME
- Subdivision: N/A
- Lot Size: 6 Acres
- Lot Features: Rolling/Sloping, Open Lot, Level, Wooded, Rural
- View: Scenic
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Utilities On
- Sewer: Private Sewer
- Water Source: Private
- Road Surface Type: Gravel
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Tim Dunham Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1634710
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








