61 Howe Road, Wade, ME, 04786 | $223/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 Wade at 61 Howe Road, Wade, ME, 04786 offers $1,265/mo rent that, after a $808/mo payment, leaves $223/mo cash flow. Total monthly income is $1,265/mo, and annual cash flow is $2,679/yr on $54,698 cash. Return on cash invested measures 24.81% in year one, and rental yield stands at 9.2% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 129.35% and total cumulative return in cash reaches $70,751. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,265/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1985

2.55 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04786, Washburn, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	870 (100%)
Owner Occupied HU	593 (68.2%)
Renter Occupied HU	159 (18.3%)
Vacant Housing Units	118 (13.6%)
Median Home Value	$138,125
Average Home Value	$216,442