Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Westbrook at 40 Reed Street #1, Westbrook, ME, 04092 earns $609/mo cash flow from $2,818/mo rent with a $1,713/mo payment. Total monthly income totals $2,818/mo, and annual cash flow totals $7,312/yr on $115,992 capital. ROI tracks 26.21% on current figures, and rental yield reads 9.66% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 136.84% and total cumulative return in cash sums $158,718. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,818/mo property income instead of your personal income.
Condo
Built in 1937
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04092, Westbrook, ME area.
| 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 |
Residential
9,188
Single Family
7,919
Multi-Family
1,269
Businesses
653
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Dan Anderson Real Estate, Inc.
Mls Name: Maine Listings
Mls ID: #1642638
