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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 43 Schooner Way #27, Wells, ME, 04090 offers a 3.78% rental yield on a $685,000 purchase with $2,160/mo rent. 54% in year one. Equity gained on principal adds $4,420/yr while 5% annual appreciation supports $189,253 over five years. Portfolio math shows five-year ROI at 42.02% and total cumulative return in cash at $94,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $3,353/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2012
0.27 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls ID: #1632746
