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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% |
Rental property for sale in Ogunquit at 18 Ocean Street, Ogunquit, ME, 03907 offers $4,441/mo rent that, after a $3,911/mo payment. Total monthly income is $4,441/mo. Return on cash invested measures 17.31% in year one, and rental yield stands at 6.67% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 89.06% and total cumulative return in cash reaches $234,102. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,441/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-07 | Listed for sale | $799,000 |
| 2025-01-22 | Listing removed | $2,000 |
| 2025-01-02 | Listed for rent | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $4196.00 | N/A | $649,500 | N/A |
| 2023-05-15 | $4196.00 | 2.22% | $649,500 | N/A |
| 2022-05-15 | $4105.00 | -4.25% | $649,500 | 23.34% |
Listed by: N/A • Century 21 North East
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1621754
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
