68 Appletree Lane, Wells, ME, 04090 | 5.91% Rental Yield

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68 Appletree Lane, Wells, ME, 04090 | 5.91% Rental Yield | Ziffy

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

Investment property for sale in Wells at 68 Appletree Lane, Wells, ME, 04090 with 5% annual appreciation on a $649,000 basis while $3,198/mo rent supports operations. 01% in year one. Equity gained on principal adds $4,188/yr, and five-year appreciation sums $179,307 alongside rental yield of 5.91%. Five-year ROI measures 76.71% and total cumulative return in cash totals $163,800. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,198/mo property income versus a $3,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1989

0.45 Acres lot

$N/A/sqft

No HOA

More details about the property

Whether it is year round living or a vacation getaway this carefully updated Cape home has it all! Serene corner lot in a quiet neighborhood, but just over a mile to Moody Beach! The large corner lot has a retaining wall with new landscaping, a small stream, blueberry bushes, large shed, paved driveway and 2 large decks for outdoor relaxing and dining. The interior features a functional new kitchen with plenty of storage, granite countertops and gas stove, dining room, and a living room that has large slider that drenches the room in light and air. There is also a bedroom and laundry area rounding out the first floor for ease of living. The second floor has 2 large bedrooms with skylights and another full bath. New luxury vinyl flooring, vanities, forced hot air system with central air conditioning, vinyl sided exterior, decking, gutters, LED lighting , ceiling fans and more. You won't want to miss out on this stylish home just waiting for you to enjoy! Call Today to schedule your private showing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04090, Wells, ME area.

Housing Distribution

Housing Statistics

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