10 Mill Stream Lane UNIT 10KennebunkportME04046
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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
Investment Highlights
Investment property for sale in Kennebunkport at 10 Mill Stream Lane UNIT 10, Kennebunkport, ME, 04046 with 5% annual appreciation on a $329,000 basis while $2,580/mo rent supports operations. Total monthly income totals $2,580/mo and a $1,610/mo payment preserves $302/mo for cash returns. Annual cash flow comes to $3,623/yr on $109,064 deployed, and return on cash invested reaches 23.23% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 9.41%. Five-year ROI measures 121.61% and total cumulative return in cash totals $132,633.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,580/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2004
N/A lot
$N/A/sqft
$202 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,756
Single Family
3,735
Multi-Family
21
Businesses
225
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Listed by: N/A • 4 Maine Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1620657
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782