17 Cedar Bend #17,Boothbay,ME,04537

Investment Highlights

Investment property for sale in Boothbay at 17 Cedar Bend #17, Boothbay, ME, 04537 uses $99,284 cash to close to unlock $2,829/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $2,126/mo, and a $1,466/mo payment keeps the spread at $236/mo. Purchase price stands at $299,500, and rental yield measures 8.52% with $2,126/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $82,746 over five years. Five-year ROI reaches 118.28% and total cumulative return in cash records $117,431. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,126/mo property income covering a $1,466/mo payment rather than investor’s personal income.