63 Centre RdWalesME04280
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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
Rental property for sale in Wales at 63 Centre Rd, Wales, ME, 04280 priced at $404,300 pairs $3,391/mo rent with $839/mo cash flow after a $1,979/mo payment. Total monthly income equals $3,391/mo, and annual cash flow comes to $10,071/yr on $134,025 invested. Return on cash invested is 27.42% in year one, and rental yield stands at 10.06% on a $404,300 basis. Equity gained on principal adds $2,609/yr, and 5% annual appreciation accumulates to $111,701 by year five. Five-year ROI measures 143.33% and total cumulative return in cash reaches $192,094. For financing, Ziffy Mortgage’s DSCR program evaluates $3,391/mo property income against a $1,979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7.20 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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No similar rental properties found nearby.
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