106 Farragut Way UNIT 261KennebunkME04043
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Kennebunk at 106 Farragut Way UNIT 261, Kennebunk, ME, 04043 generates $2,961/mo in rent, after a $2,153/mo payment. Total monthly income is $2,961/mo. Return on cash invested sits at 18.27% in year one, and rental yield is 8.08% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 95.36% and total cumulative return in cash sums $139,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,961/mo property income rather than buyer’s personal income.
Condo
Built in 1999
1 Acres lot
$N/A/sqft
$384 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Portside Real Estate Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1618530
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