12 Tuckers CoveKittery PointME03905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kittery Point at 12 Tuckers Cove, Kittery Point, ME, 03905 listed at $1,475,000 pairs $2,640/mo rent with a $7,219/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 3.63% in year one, and rental yield registers 2.15% at a $1,475,000 basis. Equity gained on principal adds $9,518/yr, and annual property appreciation at 5% supports $407,515 by year five. Five-year ROI tracks 15.59% and total cumulative return in cash totals $74,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $7,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03905, Kittery Point, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,110 (100%) |
| Owner Occupied HU | 825 (74.3%) |
| Renter Occupied HU | 145 (13.1%) |
| Vacant Housing Units | 140 (12.6%) |
| Median Home Value | $680,677 |
| Average Home Value | $788,394 |
Housing Distribution
Address Breakdown
Residential
860
Single Family
860
Multi-Family
0
Businesses
38
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Listed by: Anne Erwin Real Estate • Anne Erwin Sothebys International Rlty
Mls Name: PrimeMLS
Mls ID: #5059546