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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ogunquit at 14 Larrys Lodge #14, Ogunquit, ME, 03907 earns from $2,628/mo rent with a $2,932/mo payment. Total monthly income totals $2,628/mo. ROI tracks 11.42% on current figures, and rental yield reads 5.26% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 58.03% and total cumulative return in cash sums $114,358. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,628/mo property income instead of your personal income.
Condo
Built in 1954
5.50 Acres lot
$N/A/sqft
$800 quarterly HOA
Neighborhood data shown for ZIP Code: 03907, Ogunquit, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,075 (100%) |
| Owner Occupied HU | 717 (34.6%) |
| Renter Occupied HU | 116 ( 5.6%) |
| Vacant Housing Units | 1,242 (59.9%) |
| Median Home Value | $812,500 |
| Average Home Value | $897,333 |
Residential
435
Single Family
435
Multi-Family
0
Businesses
207
Date | Event | Price |
|---|---|---|
| 2025-07-07 | Sold | $599,000 |
| 2025-06-09 | Contingent | $599,000 |
| 2025-06-06 | Listed for sale | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $2778.00 | N/A | $430,000 | N/A |
| 2023-10-15 | $2778.00 | 2.21% | $430,000 | N/A |
| 2022-10-15 | $2718.00 | 0.48% | $430,000 | 29.40% |
Listed by: N/A • RE/MAX Realty One
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1625570
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
