12 Evening PlaceKennebunkportME04046
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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 12 Evening Place, Kennebunkport, ME, 04046 with 5% annual appreciation on a $624,900 basis while $3,078/mo rent supports operations. Equity gained on principal adds $4,032/yr, and five-year appreciation sums $172,648 alongside rental yield of 5.91%. Five-year ROI measures 76.67% and total cumulative return in cash totals $157,625. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,078/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1998
0.97 Acres lot
$N/A/sqft
No 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 • Moody Maxon Real Estate
Mls Name: Maine Listings
Mls ID: #1628337