5 Apex Drive #1WestbrookME04092
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westbrook at 5 Apex Drive #1, Westbrook, ME, 04092 earns $1,580/mo cash flow from $4,883/mo rent with a $2,562/mo payment. Total monthly income totals $4,883/mo, and annual cash flow totals $18,954/yr on $172,199 capital. ROI tracks 31.07% on current figures, and rental yield reads 11.2% at a $523,400 purchase. Equity gained on principal adds $3,377/yr, and 5% annual appreciation supports $144,606 over five years. Five-year ROI reaches 162.82% and total cumulative return in cash sums $280,366. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,883/mo property income instead of your personal income.
Condo
Built in 2024
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04092, Westbrook, ME area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,188
Single Family
7,919
Multi-Family
1,269
Businesses
653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices