1 Ranger Lane #12, Kennebunkport, ME, 04046 | 5.77% Rental Yield

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1 Ranger Lane #12, Kennebunkport, ME, 04046 | 5.77% Rental Yield | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Kennebunkport at 1 Ranger Lane #12, Kennebunkport, ME, 04046 listed at $549,000 pairs $2,640/mo rent with a $2,687/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 14.58% in year one, and rental yield registers 5.77% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 74.41% and total cumulative return in cash totals $134,396. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2017

297 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully upgraded Birch Loft two-story cottage in the award-winning Cape Arundel Cottage Preserve. Coming fully furnished, this home offers a perfect blend of comfort, charm, and convenienceall just a short stroll to the clubhouse, pools, and fitness center. Inside, you'll find a first-floor primary bedroom, beadboard cabinetry, and an airy open split railing on the second floor that enhances light and openness. The bathroom features double sinks and generous drawer space, while bedrooms and stairs are carpeted for cozy comfort. Thoughtful details like custom plantation shutters, built-in trash receptacle, and a wine rack area elevate everyday living. Step outside to enjoy your expanded patio, complete with cooling afternoon shadeperfect for relaxing or entertaining. The beautiful lot is framed by mature trees and perennial gardens featuring tulips, blueberries, irises, roses, and peonies, offering both privacy and natural beauty. Additional conveniences include front and rear screen doors to let the breezes flow, gutters (a rare find here!), a finished storage area, and a shed with shelving and durable vinyl flooring. Located close to the gated entrance for easy access, this cottage is truly move-in ready and waiting for you to start enjoying the Cape Arundel lifestyle.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04046, Kennebunkport, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,367 (100%)
Owner Occupied HU	3,207 (59.8%)
Renter Occupied HU	482 ( 9.0%)
Vacant Housing Units	1,678 (31.3%)
Median Home Value	$661,109
Average Home Value	$817,945