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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Kittery at 10 Island Avenue #17A, Kittery, ME, 03904 offers a 3.57% rental yield on a $1,600,000 purchase with $4,759/mo rent. 01% in year one. Equity gained on principal adds $10,325/yr while 5% annual appreciation supports $442,051 over five years. Portfolio math shows five-year ROI at 39.11% and total cumulative return in cash at $202,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,759/mo property income against a $7,831/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 03904, Kittery, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,413 (100%) |
| Owner Occupied HU | 2,410 (54.6%) |
| Renter Occupied HU | 1,466 (33.2%) |
| Vacant Housing Units | 537 (12.2%) |
| Median Home Value | $553,355 |
| Average Home Value | $593,606 |
Residential
4,022
Single Family
3,639
Multi-Family
383
Businesses
437
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: Suzanne c Butcofski • Madden Group
Mls Name: PrimeMLS
Mls ID: #5039271
