








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 Hallowell at 1 Overlook Drive, Hallowell, ME, 04347 generates $3,814/mo in rent, after a $3,421/mo payment. Total monthly income is $3,814/mo. Return on cash invested sits at 16.94% in year one, and rental yield is 6.55% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 87.07% and total cumulative return in cash sums $200,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,814/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
5.67 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04347, Hallowell, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,447 (100%) |
| Owner Occupied HU | 765 (52.9%) |
| Renter Occupied HU | 534 (36.9%) |
| Vacant Housing Units | 148 (10.2%) |
| Median Home Value | $296,115 |
| Average Home Value | $294,373 |
Residential
1,486
Single Family
1,171
Multi-Family
315
Businesses
193
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Sprague & Curtis Real Estate
Mls Name: Maine Listings
Mls ID: #1644561