8 Matinicus Way Plan#16, Windham, ME, 04062 | $445/mo Cash Flow

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8 Matinicus Way Plan#16, Windham, ME, 04062 | $445/mo Cash Flow | 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 Windham at 8 Matinicus Way Plan#16, Windham, ME, 04062 at $389,900 posts ROI 24.04% with $445/mo cash flow from $2,905/mo rent. Total monthly income equals $2,905/mo, and annual cash flow records $5,336/yr on $129,252 to close. Return on cash invested measures 24.04% and rental yield reads 8.94% at the current $389,900. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 by year five. Five-year ROI prints 125.15% and total cumulative return in cash totals $161,761.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,905/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 2017

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Rare Opportunity in Windham's Sought-After 55+ Community! Condo living opportunities in Windham are few and far betweendon't miss your chance for easy, low-maintenance living in this desirable 55+ subdivision! Built in 2017, this beautifully maintained 2-bedroom, 1-bath ranch-style condominium offers comfort, convenience, and modern efficiency. Enjoy one-level living with hardwood and tile floors, granite countertops, and a bright open-concept layout. A sliding glass door in the living room leads to your private side deckperfect for relaxing or entertaining. The first-floor laundry adds everyday ease, while the full unfinished basement provides abundant storage or potential for future expansion. You'll stay comfortable year-round with efficient natural gas heat and a heat pump with air conditioning. The attached one-car garage offers direct entry for added convenience. Public water, private sewer, and low-maintenance grounds make living here truly effortless. Located just minutes from shopping, dining, and all North Windham amenities, this condo blends peaceful living with in-town convenience. With so few condos available in the area, this is a rare opportunity to secure the easy lifestyle you've been waiting for! Affordable, Efficient, and Move-In Ready! Showings start on Sunday October 26th at the Open House from 10am - 1pm.