7 Kasseys Way #5WestbrookME04092
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 7 Kasseys Way #5, Westbrook, ME, 04092 with 5% annual appreciation on a $380,000 basis while $3,050/mo rent supports operations. Total monthly income totals $3,050/mo and a $1,860/mo payment preserves $652/mo for cash returns. Annual cash flow comes to $7,820/yr on $125,970 deployed, and return on cash invested reaches 26.12% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 9.63%. Five-year ROI measures 136.3% and total cumulative return in cash totals $171,697.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,050/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
N/A 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