90 Colby DriveWoolwichME04579
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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
Investment Highlights
Investment property for sale in Woolwich at 90 Colby Drive, Woolwich, ME, 04579 listed at $475,000 pairs $3,472/mo rent with a $2,325/mo payment to leave $474/mo cash flow. Total monthly income runs $3,472/mo, and annual cash flow reaches $5,689/yr on $157,463 cash to close. Return on cash invested measures 23.52% in year one, and rental yield registers 8.77% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 122.4% and total cumulative return in cash totals $192,727. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,472/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
24.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04579, Woolwich, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,242 (81.4%) |
| Renter Occupied HU | 121 ( 7.9%) |
| Vacant Housing Units | 162 (10.6%) |
| Median Home Value | $354,044 |
| Average Home Value | $484,356 |
Housing Distribution
Address Breakdown
Residential
1,292
Single Family
1,292
Multi-Family
0
Businesses
55
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