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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 Orrs Island at 1682 Harpswell Islands Rd, Orrs Island, ME, 04066 at $477,900 posts ROI 18.37% with from $2,813/mo rent. Total monthly income equals $2,813/mo. Return on cash invested measures 18.37% and rental yield reads 7.06% at the current $477,900. Equity gained on principal adds $3,084/yr, and 5% annual appreciation supports $132,035 by year five. Five-year ROI prints 94.74% and total cumulative return in cash totals $150,089. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,813/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04066, Orrs Island, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 541 (100%) |
| Owner Occupied HU | 242 (44.7%) |
| Renter Occupied HU | 45 ( 8.3%) |
| Vacant Housing Units | 254 (47.0%) |
| Median Home Value | $719,101 |
| Average Home Value | $1,039,514 |
Residential
359
Single Family
359
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2025-07-19 | Listing removed | $483,000 |
| 2025-06-18 | Price change | $483,000 |
| 2025-05-06 | Listed for sale | $498,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1583.00 | N/A | $259,500 | N/A |
| 2023-10-13 | $1583.00 | 3.40% | $259,500 | N/A |
| 2022-10-13 | $1531.00 | 11.26% | $259,500 | 27.08% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
