461 Lowell Town Road, Wiscasset, ME, 04578 | $777/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Wiscasset at 461 Lowell Town Road, Wiscasset, ME, 04578 priced at $237,000 pairs $2,273/mo rent with $777/mo cash flow after a $1,160/mo payment. Total monthly income equals $2,273/mo, and annual cash flow comes to $9,327/yr on $78,566 invested. Return on cash invested is 31.78% in year one, and rental yield stands at 11.51% on a $237,000 basis. Equity gained on principal adds $1,529/yr, and 5% annual appreciation accumulates to $65,479 by year five. Five-year ROI measures 166.71% and total cumulative return in cash reaches $130,976. For financing, Ziffy Mortgage’s DSCR program evaluates $2,273/mo property income against a $1,160/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 1987

1.57 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to scenic Wiscasset where this well maintained single-wide mobile home is a nature lover's dream. Located on 1.57 acres, the grassy, slightly sloping lot is bordered by woods and Montsweag Brook. The home features two bedrooms, 1 and baths, a good size living room, an eat-in kitchen, a washer and dryer and a covered deck. In addition, there is an over-sized two-car detached garage with a wood-stove heated workshop in the back. Also included on the property is an 8'x10' shed. The home comes fully furnished and is about 6 miles from downtown Wiscasset, providing you with the best of both worlds. Schedule a visit today to see what makes this home special.

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