118 E East Shore Drive, Islesboro, ME, 04848 | Equity Gain $25,489/yr

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

118 E East Shore Drive, Islesboro, ME, 04848 | Equity Gain $25,489/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
825 sft

522 Ferry Road, Islesboro, ME, 04848

4 Bed
2 Bath
1764 sft

115 Babbidge Road, Islesboro, ME, 04848

2 Bed
2 Bath
1856 sft

45 Fay Road, Spruce Head, ME, 04859

4 Bed
2 Bath
2750 sft

2372 Atlantic Highway, Lincolnville, ME, 04849

Nearby investment properties with comparable prices

3 Bed
4 Bath
3500 sft

8 Penobscot Lane, Owls Head, ME, 04854

3 Bed
5 Bath
4546 sft

168 Drury Lane, South Thomaston, ME, 04858

4 Bed
5 Bath
3644 sft

137 Shermans Point Road, Camden, ME, 04843

6 Bed
- Bath
6593 sft

158 Chestnut St, Camden, ME, 04843

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Islesboro at 118 E East Shore Drive, Islesboro, ME, 04848 projects strong ROI of -0.19%. Rental yield 0.91%. With 5% annual appreciation, the property builds $1,091,312 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 1972

15 Acres lot

$N/A/sqft

No HOA

More details about the property

East Shore Drive, Islesboro. Dark Harbor Village north along the shore dotted with grand waterfront summer cottages to your private haven. You will have your breath taken away as this stunning wildflower meadow reveals an unsurpassed view of the ocean and possibilities. 15 parkland acres edged with woods and 770 feet of bold shorefront and beach comprise commanding hillside building sites, deepwater dock, immaculate five-bedroom year-round primary or guest cottage ideal for entertaining with its expansive deck and meticulously landscaped grounds and thoughtful accents anchoring your environ to the highest expectation. Enjoy views of Charlotte's Cove with abundant wildlife activity. Watch eagles, osprey, otters, seals and fish from your porch perch. $3,950,000.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04848, Islesboro, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	838 (100%)
Owner Occupied HU	236 (28.2%)
Renter Occupied HU	39 ( 4.7%)
Vacant Housing Units	563 (67.2%)
Median Home Value	$494,118
Average Home Value	$615,180