








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Ogunquit at 1 Ocean Meadows Drive UNIT 48, Ogunquit, ME, 03907 at $795,000 posts ROI 4.57% with from $2,206/mo rent. Total monthly income equals $2,206/mo. Return on cash invested measures 4.57% and rental yield reads 3.33% at the current $795,000. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,644 by year five. Five-year ROI prints 21.67% and total cumulative return in cash totals $56,686. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,206/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1989
N/A lot
$N/A/sqft
$564 monthly HOA
Neighborhood data shown for ZIP Code: 03907, Ogunquit, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,075 (100%) |
| Owner Occupied HU | 717 (34.6%) |
| Renter Occupied HU | 116 ( 5.6%) |
| Vacant Housing Units | 1,242 (59.9%) |
| Median Home Value | $812,500 |
| Average Home Value | $897,333 |
Residential
435
Single Family
435
Multi-Family
0
Businesses
207
Date | Event | Price |
|---|---|---|
| 2025-02-14 | Price change | $795,000 |
| 2024-11-22 | Listed for sale | $799,000 |
| 2015-04-24 | Sold | $287,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $3378.00 | N/A | $522,900 | N/A |
| 2023-02-18 | $3378.00 | 2.21% | $522,900 | N/A |
| 2022-02-18 | $3305.00 | 26.39% | $522,900 | 62.75% |



Listed by: N/A • Anchor Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1610014
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782