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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 Kennebunk at 106 Farragut Way UNIT 263, Kennebunk, ME, 04043 offers a 2.34% rental yield on a $399,900 purchase with $780/mo rent. 65% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 1% and total cumulative return in cash at $1,328. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $780/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
1 Acres lot
$N/A/sqft
$384 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-02-18 | Price change | $399,900 |
| 2025-01-31 | Listed for sale | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $3419.00 | N/A | $213,000 | N/A |
| 2023-02-18 | $3419.00 | 9.94% | $213,000 | N/A |
| 2022-02-18 | $3110.00 | 2.47% | $213,000 | N/A |
Listed by: N/A • Portside Real Estate Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1613537
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
