11 Farmhouse Way #11, Ogunquit, ME, 03907 | 3.65% Rental Yield

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11 Farmhouse Way #11, Ogunquit, ME, 03907 | 3.65% Rental Yield | 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

Rental property for sale in Ogunquit at 11 Farmhouse Way #11, Ogunquit, ME, 03907 generates $2,417/mo in rent, after a $3,891/mo payment. Total monthly income is $2,417/mo. Return on cash invested sits at 8.13% in year one, and rental yield is 3.65% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 39.81% and total cumulative return in cash sums $104,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,417/mo property income rather than buyer’s personal income.

Condo

Built in 1940

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your perfect seaside escape! Nestled just steps from Perkins Cove, this stand-alone condominium offers the ideal blend of privacy and coastal charm. Featuring 2 bedrooms, 1 bath, and a bright, open layout, this home is your ticket to stress-free living by the sea. The outdoor area features a spacious front porch as well as a back deck and there are peaks of the ocean hidden throughout. Whether you're looking for a weekend getaway, year-round residence, or a smart investment, you'll fall in love with the easy coastal lifestyle this property delivers. Walk to the Marginal Way, dine waterside, explore Ogunquit's quaint shops, and soak in the salty breezeall just outside your door. Don't miss your chance to own this rare Ogunquit gem. Experience the charm, the convenience, and the coastall in one perfect package. Contact us today to schedule a private showing!

Neighborhood Data

Neighborhood data shown for ZIP Code: 03907, Ogunquit, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,075 (100%)
Owner Occupied HU	717 (34.6%)
Renter Occupied HU	116 ( 5.6%)
Vacant Housing Units	1,242 (59.9%)
Median Home Value	$812,500
Average Home Value	$897,333