796 Bremen Road, Waldoboro, ME, 04572 | $526/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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

Rental property for sale in Waldoboro at 796 Bremen Road, Waldoboro, ME, 04572 priced at $190,000 converts $1,860/mo rent into $526/mo cash flow after a $930/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $6,313/yr on $62,985 invested. Return on cash invested prints 29.93% in year one, and rental yield reads 11.75% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 157.73% and total cumulative return in cash sums $99,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $930/mo payment, not borrower’s personal income.

Single Family

Built in 1900

2.19 Acres lot

$N/A/sqft

No HOA

More details about the property

Set high above the Medomak River, this captivating Cape-style building- originally a cherished art studio- boasts timeless character and sweeping views. At its heart is beautifully crafted pegged timber framing, a tribute to its historic roots. Lovingly relocated and restored in the 1990s, the structure blends classic charm with modern potential. Currently used as a studio, it offers plenty of possibilities for conversion- whether you envision a serene artist's retreat, a cozy full-time residence, or a one-of-a-kind getaway. Bring your ideas and breathe new life into this inspiring space- it's ready for its next chapter. All offers must be received by 4/9 at 5:00 pm.

Price History

Date

Event

Price

2025-04-05Listed for sale$190,000

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

2024-04-09$4087.00N/A$262,000N/A
2023-04-09$4087.0011.42%$262,000N/A
2022-04-09$3668.0050.95%$262,00094.07%
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1900
  • Architectural Style: Cape Cod
  • Building Area: 1,020
  • Living Area: 1,020 sqft
  • Property Condition: N/A

Features & Amenities

  • Heating: Direct Vent Heater
  • Cooling: A/C Units, Multi Units
  • Flooring: Wood
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: 1 - 4 Spaces, Gravel

Location

  • City: Waldoboro
  • State: ME
  • Subdivision: N/A
  • Lot Size: 2.19 Acres
  • Lot Features: Open Lot, Rolling Slope, Rural
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: Private Sewer
  • Water Source: Well
  • Road Surface Type: Paved

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: N/A • Lash Realty Group 

Mls Name: Maine Listings

Mls Provider:Mls

Mls ID: #1618187

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

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