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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wells at 64 Evergreen Drive, Wells, ME, 04090 earns $236/mo cash flow from $1,466/mo rent with a $954/mo payment. Total monthly income totals $1,466/mo, and annual cash flow totals $2,829/yr on $64,643 capital. ROI tracks 24.29% on current figures, and rental yield reads 9.02% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 126.45% and total cumulative return in cash sums $81,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,466/mo property income instead of your personal income.
Manufactured
Built in 1973
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04090, Wells, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,925 (100%) |
| Owner Occupied HU | 4,746 (47.8%) |
| Renter Occupied HU | 719 ( 7.2%) |
| Vacant Housing Units | 4,460 (44.9%) |
| Median Home Value | $545,665 |
| Average Home Value | $587,209 |
Residential
5,913
Single Family
5,727
Multi-Family
186
Businesses
417
Date | Event | Price |
|---|---|---|
| 2025-01-21 | Price change | $195,000 |
| 2024-11-07 | Price change | $219,000 |
| 2024-09-15 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $1300.00 | N/A | $218,200 | N/A |
| 2023-02-18 | $1300.00 | 9.52% | $218,200 | 92.25% |
| 2022-02-18 | $1187.00 | -0.59% | $113,500 | N/A |
Listed by: N/A • Maine Home Connection
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1603811
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
