17 Eagle Lane, Damariscotta, ME, 04543 | $148/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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17 Eagle Lane, Damariscotta, ME, 04543 | $148/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 Damariscotta at 17 Eagle Lane, Damariscotta, ME, 04543 generates $2,350/mo in rent and, after a $1,708/mo payment, leaves $148/mo in cash flow. Total monthly income is $2,350/mo, and annual cash flow is $1,771/yr on $115,694 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 8.08% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 111.21% and total cumulative return in cash sums $128,664. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,350/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

1.84 Acres lot

$N/A/sqft

No HOA

More details about the property

Just 4-miles from Damariscotta amenities, this 2-bedroom ranch has a cottage feel in a private, wooded setting. Compact and cheerful, the home delivers an efficient floor plan and abundant natural light. The wide galley kitchen flows into the home's living room, which has a vaulted tray ceiling and slider to the south-facing deck. This singe-story includes a larger, primary bedroom, a guest room or office, and a full bathroom with tub/shower and laundry. A neat & tidy package, the property features central heat, a one-car garage, water treatment equipment, a composite deck, and solar array. Easy one-floor living, just a mile and a half to the Biscay Pond boat launch, and a short drive to all of Damariscotta's amenities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04543, Damariscotta, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,456 (100%)
Owner Occupied HU	788 (54.1%)
Renter Occupied HU	372 (25.5%)
Vacant Housing Units	296 (20.3%)
Median Home Value	$372,052
Average Home Value	$444,632