76 Post Road #17M &18MWellsME04090
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 Wells at 76 Post Road #17M &18M, Wells, ME, 04090 uses $78,897 cash to close to unlock $1,702/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,644/mo, and a $1,165/mo payment keeps the spread at $142/mo. Purchase price stands at $238,000, and rental yield measures 8.29% with $1,644/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 114.59% and total cumulative return in cash records $90,406. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,644/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Condo
Built in 1966
3,920 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,913
Single Family
5,727
Multi-Family
186
Businesses
417
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices