10 Glenfield Circle, Camden, ME, 04843 | 6.05% Rental Yield

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Price: $300K - 500K

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10 Glenfield Circle, Camden, ME, 04843 | 6.05% Rental Yield | Ziffy

For Sale

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

Rental property for sale in Camden at 10 Glenfield Circle, Camden, ME, 04843 priced at $595,000 converts $2,998/mo rent into after a $2,912/mo obligation. Total monthly income equals $2,998/mo. Return on cash invested prints 15.42% in year one, and rental yield reads 6.05% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 78.92% and total cumulative return in cash sums $154,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,998/mo property income covering a $2,912/mo payment, not borrower’s personal income.

Single Family

Built in 2012

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your future home! This charming 3-bedroom, 2-bathroom ranch home has been partially gutted and beautifully renovated this year, blending modern amenities with everyday functionality. Step inside to find stunning leathered granite countertops that create a lavish, inviting atmosphere. The home features a new heat pump, new plumbing and lighting throughout, along with stylish flooring and fresh carpeting in the first floor bedrooms for added comfort. The kitchen also features a newly constructed addition providing extra space for dining. Enjoy the convenience of an added full bathroom and a laundry space, along with a sizable finished bonus room in the basement. Situated in a sought-after neighborhood on a quiet cul-de-sac with a peek of the ocean from your front door, this residence is just 5 minutes from downtown Camden, providing easy access to the harbor, shops, and your favourite restaurants. Outside, a brand-new deck provides a lovely spot for outdoor gatherings or relaxing, while the beautifully landscaped backyard has been transformed into a peaceful oasis. This move-in-ready property perfectly combines functionality with elegant touches, making it a wonderful choice for your next home. Don't miss the chance to experience all that this remarkable property has to offer!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04843, Camden, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,422 (100%)
Owner Occupied HU	1,801 (52.6%)
Renter Occupied HU	786 (23.0%)
Vacant Housing Units	835 (24.4%)
Median Home Value	$475,000
Average Home Value	$599,273