15 Foyes Lane, Kittery Point, ME, 03905 | $128/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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15 Foyes Lane, Kittery Point, ME, 03905 | $128/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

Rental property for sale in Kittery Point at 15 Foyes Lane, Kittery Point, ME, 03905 offers $1,674/mo rent that, after a $1,199/mo payment, leaves $128/mo cash flow. Total monthly income is $1,674/mo, and annual cash flow is $1,535/yr on $81,218 cash. Return on cash invested measures 21.8% in year one, and rental yield stands at 8.2% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 113.13% and total cumulative return in cash reaches $91,884. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,674/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1939

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Bring your imagination and renovation ideas to this property located in one of Kittery Point's most desirable coastal neighborhoods. The home is being sold as is and offers a solid potential for restoration or redesign. Interior contents remain and will require clearing , presenting a wonderful opportunity for those ready to roll up their sleeves and create value. Set in a prime location near the ocean, beaches, and beautiful Kittery Foreside, this property is ideal for buyers seeking a project with excellent long-term rewards.

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