8 Wawenock Road, Edgecomb, ME, 04556 | $191/mo Cash Flow

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 Edgecomb at 8 Wawenock Road, Edgecomb, ME, 04556 listed at $325,000 pairs $2,242/mo rent with a $1,591/mo payment to leave $191/mo cash flow. Total monthly income runs $2,242/mo, and annual cash flow reaches $2,287/yr on $107,738 cash to close. Return on cash invested measures 22.03% in year one, and rental yield registers 8.28% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 114.4% and total cumulative return in cash totals $123,253. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,242/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1987

9.40 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the potential at 8 Wawenock Road in Edgecomb, a ranch-style home set on an impressive 9.4-acre parcel. This property abuts a 208 acre land preserve conserved by the Boothbay Region Land Trust. Offering privacy, natural beauty, and direct access to conserved surroundings, this property is the perfect opportunity for creating your own Midcoast Maine retreat. The home features a single-level layout with an open main living area and kitchen, three bedrooms, and one and a half bathrooms. Set far back from the road with a solid footprint and expansive lot, the possibilities are wide openwhether you envision a remodel, an addition, or simply a peaceful getaway surrounded by nature. The views from the home are mostly peaceful fields and trees and from the entrance of the property a natural pond can be seen that is fed by Salt Marsh Cove off the Damariscotta River. Located just minutes to Wiscasset, Damariscotta, Boothbay Harbor, local shops, restaurants, and coastal attractions. The town of Edgecomb has its own amenities such as a newer fire station built in 2012, a newer elementary school built in 2002, and a well reviewed local pizza spot. Bring your plans and imaginationthis is a rare chance to transform a home on a large, private acreage in a highly desirable Midcoast location. Sold as is.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04556, Edgecomb, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	810 (100%)
Owner Occupied HU	478 (59.0%)
Renter Occupied HU	75 ( 9.3%)
Vacant Housing Units	257 (31.7%)
Median Home Value	$382,222
Average Home Value	$559,786