








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Kittery at 12 Gillis Drive UNIT 3, Kittery, ME, 03904 generates $8,313/mo in rent and, after a $5,359/mo payment, leaves $978/mo in cash flow. Total monthly income is $8,313/mo, and annual cash flow is $11,733/yr on $354,780 invested. Return on cash invested sits at 23.68% in year one, and rental yield is 9.11% on a $1,095,000 entry. Equity gained on principal adds $7,066/yr, while 5% annual appreciation builds toward $302,528 over five years. Five-year ROI reaches 123.63% and total cumulative return in cash sums $438,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,313/mo property income rather than buyer’s personal income.
Condo
Built in 2024
1.70 Acres lot
$N/A/sqft
$425 monthly HOA
Neighborhood data shown for ZIP Code: 03904, Kittery, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,413 (100%) |
| Owner Occupied HU | 2,410 (54.6%) |
| Renter Occupied HU | 1,466 (33.2%) |
| Vacant Housing Units | 537 (12.2%) |
| Median Home Value | $553,355 |
| Average Home Value | $593,606 |
Residential
4,022
Single Family
3,639
Multi-Family
383
Businesses
437
Date | Event | Price |
|---|---|---|
| 2025-05-05 | Listed for sale | $1,095,000 |
| 2025-04-17 | Listing removed | $1,095,000 |
| 2025-03-04 | Listed for sale | $1,095,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • The Aland Realty Group, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1621383
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