46 Eastern DriveWalesME04280
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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 Wales at 46 Eastern Drive, Wales, ME, 04280 uses $157,463 cash to close to unlock $11,341/yr annual cash flow and $945/mo monthly cash flow. Total monthly income runs $3,943/mo, and a $2,325/mo payment keeps the spread at $945/mo. Purchase price stands at $475,000, and rental yield measures 9.96% with $3,943/mo rent. Return on cash invested shows 27.11% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 141.65% and total cumulative return in cash records $223,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,943/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1994
5.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04280, Sabattus, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,029 (100%) |
| Owner Occupied HU | 2,381 (78.6%) |
| Renter Occupied HU | 418 (13.8%) |
| Vacant Housing Units | 230 ( 7.6%) |
| Median Home Value | $269,737 |
| Average Home Value | $289,087 |
Housing Distribution
Address Breakdown
Residential
2,561
Single Family
2,561
Multi-Family
0
Businesses
112
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