0 Ben Island IslandHarpswellME04079








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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 Harpswell at 0 Ben Island Island, Harpswell, ME, 04079 earns from $2,084/mo rent with a $9,520/mo payment. Total monthly income totals $2,084/mo. ROI tracks 0.73% on current figures, and rental yield reads 1.29% at a $1,945,000 purchase. Equity gained on principal adds $12,551/yr, and 5% annual appreciation supports $537,368 over five years. Five-year ROI reaches 0.12% and total cumulative return in cash sums $751. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,084/mo property income instead of your personal income.
Single Family
Built in 1221
4.20 Acres lot
$N/A/sqft
$1,500 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04079, Harpswell, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,341 (100%) |
| Owner Occupied HU | 1,744 (52.2%) |
| Renter Occupied HU | 284 ( 8.5%) |
| Vacant Housing Units | 1,313 (39.3%) |
| Median Home Value | $755,906 |
| Average Home Value | $839,537 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,280
Multi-Family
0
Businesses
74
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-21 | Price change | $1,945,000 |
| 2024-06-27 | Listed for sale | $1,995,000 |
| 2020-10-09 | Sold | $1,120,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1221
- Architectural Style: Cape Cod
- Building Area: 1,221
- Living Area: 1,221 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Stove
- Cooling: None
- Flooring: N/A
- Interior Features: Bathtub, Other, Shower
- Exterior Features: N/A
- Parking Features: 1 - 4 Spaces, Gravel, Other, Off Site
Location
HOA & Fees
- HOA Fee: $1,500 annually
- Association Fee: $1,500 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Private Sewer, Septic Existing on Site
- Water Source: Private, Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Engel & Volkers Casco Bay
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1594863
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








