41 Federal StreetWiscassetME04578
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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 Wiscasset at 41 Federal Street, Wiscasset, ME, 04578 offers a 8.23% rental yield on a $595,000 purchase with $4,080/mo rent. Total monthly income registers $4,080/mo, and a $2,912/mo payment leaves $325/mo available for distribution. Annual cash flow reaches $3,901/yr on $195,755 to close, and return on cash invested stands at 22.05% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 114.49% and total cumulative return in cash at $224,126. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,080/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1820
0.39 Acres lot
$N/A/sqft
No HOA
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
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