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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wells at 818 Branch Road, Wells, ME, 04090 offers $2,514/mo rent that, after a $1,796/mo payment, leaves $198/mo cash flow. Total monthly income is $2,514/mo, and annual cash flow is $2,377/yr on $121,661 cash. Return on cash invested measures 21.86% in year one, and rental yield stands at 8.22% at a $367,000 entry. Equity gained on principal adds $2,368/yr while 5% annual appreciation compounds into $101,395 by year five. Five-year ROI records 113.51% and total cumulative return in cash reaches $138,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,514/mo property income versus a $1,796/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04090, Wells, ME area.
| 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 |
Residential
5,913
Single Family
5,727
Multi-Family
186
Businesses
417
Date | Event | Price |
|---|---|---|
| 2024-11-07 | Price change | $367,000 |
| 2024-10-15 | Price change | $369,000 |
| 2024-10-04 | Price change | $384,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | $1409.00 | -0.56% | $134,670 | N/A |
| 2021-11-11 | $1417.00 | 4.58% | $134,670 | 4.19% |
| 2020-11-11 | $1355.00 | 0.59% | $129,260 | N/A |
Listed by: N/A • F.O. Bailey Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1603386
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
