10 Irene Avenue, Harpswell, ME, 04079 | $769/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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10 Irene Avenue, Harpswell, ME, 04079 | $769/mo Cash Flow | 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

Investment property for sale in Harpswell at 10 Irene Avenue, Harpswell, ME, 04079 listed at $325,000 pairs $2,820/mo rent with a $1,591/mo payment to leave $769/mo cash flow. Total monthly income runs $2,820/mo, and annual cash flow reaches $9,223/yr on $107,738 cash to close. Return on cash invested measures 28.47% in year one, and rental yield registers 10.41% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 148.93% and total cumulative return in cash totals $160,453. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,820/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2020

0.69 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy ocean views and direct beach access from this well-maintained mobile home on a spacious 0.69-acre lot! Recent updates include a brand new well, advanced water treatment system, updated septic, and fresh carpeting throughout, ensuring comfort and peace of mind. This property also features a detached two-car garageperfect for vehicles, storage, or a workshop. Unwind on the property while taking in tranquil water vistas, or take the foot path at the end of Irene directly to scenic Stover Beach for seaside relaxation just moments from your door. Schedule your showing to experience affordable coastal living with convenience and upgrades rarely found at this price!

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