12 Laurel Avenue, Kittery, ME, 03904 | $265/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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12 Laurel Avenue, Kittery, ME, 03904 | $265/mo Cash Flow | 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

Investment property for sale in Kittery at 12 Laurel Avenue, Kittery, ME, 03904 uses $170,751 cash to close to unlock $3,177/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $2,540/mo payment keeps the spread at $265/mo. Purchase price stands at $519,000, and rental yield measures 8.18% with $3,540/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 113.76% and total cumulative return in cash records $194,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $2,540/mo payment rather than investor’s personal income.

Single Family

Built in 1940

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this adorable Cape where charm and convenience of lifestyle meet. This gem boasts a covered front porch, perfect for enjoying your mornings and relaxing in the evenings. The private back yard offers ample outdoor space with a sizable deck, patio and fire pit. An ideal spot for hosting outdoor gatherings. A bonus to this property is the addition of a newly constructed outbuilding with electricity. Nestled in an established neighborhood, just a mile from the scenic Foreside and a short distance to Downtown Portsmouth, Beaches, Major routes and Recreation. On the floor you wil find an updated kitchen with ample living and dining space, two bedrooms and full bath. The second floor leads to two more bedrooms and or flex space. Natural light warms all of these spaces, creating an inviting and welcoming home. Some of the many updates include: New windows, Doors, Water heater and Newer roof. Grab a coffee at one of Kittery's eateries and stop by this move-in ready home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 03904, Kittery, ME area.

Housing Distribution

Housing Statistics

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