13 Balsam Lane, Kennebunk, ME, 04043 | $1,001/mo Cash Flow

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13 Balsam Lane, Kennebunk, ME, 04043 | $1,001/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 Kennebunk at 13 Balsam Lane, Kennebunk, ME, 04043 earns $1,001/mo cash flow from $3,840/mo rent with a $2,202/mo payment. Total monthly income totals $3,840/mo, and annual cash flow totals $12,008/yr on $149,142 capital. ROI tracks 27.96% on current figures, and rental yield reads 10.24% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 146.17% and total cumulative return in cash sums $218,002. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.

Single Family

Built in 1992

1.04 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming two-bedroom, one-bath ranch-style home offering the ease and convenience of single-level living. Stylish LVP flooring runs throughout, complemented by an inviting eat-in kitchen. The spacious, wooded backyard provides a peaceful retreat perfect for relaxing or entertaining. An attached garage adds everyday convenience, and the full unfinished basement offers ample potentialideal for a playroom, home office, or workout space. Set in a quiet, private neighborhood perfect for leisurely walks. This terrific Kennebunk location offers the best of coastal livingjust minutes from beautiful beaches, downtown shops and dining, and quick access to I-95 for commuting. OPEN HOUSE SUN 8/10/24 11AM-2PM