19 Hugh Avenue, Bailey Island, ME, 04003 | 6.36% Rental Yield

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19 Hugh Avenue, Bailey Island, ME, 04003 | 6.36% Rental Yield | Ziffy

Pending

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 Bailey Island at 19 Hugh Avenue, Bailey Island, ME, 04003 priced at $649,000 converts $3,437/mo rent into after a $3,177/mo obligation. Total monthly income equals $3,437/mo. Return on cash invested prints 16.35% in year one, and rental yield reads 6.36% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 83.91% and total cumulative return in cash sums $179,172. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,437/mo property income covering a $3,177/mo payment, not borrower’s personal income.

Single Family

Built in 2005

0.73 Acres lot

$N/A/sqft

No HOA

More details about the property

Perched high atop Summer Hill, this unique home offers sweeping, distant ocean views, the sound of surf in the air, and beach access just steps away a private haven that captures Maine coastal living at its finest. Inside, you'll find three separate sleeping wings, giving everyone their own space, and a great room framed by a soaring cathedral ceiling that brings together the kitchen, dining, and living areas in one stunning, airy sweep. The kitchen features absolute black granite countertops and stainless steel appliances, while the living room's gas fireplace adds warmth and charm on quiet evenings. The primary suite feels like a retreat in itself, with its own high ceilings, ocean vistas, beautifully tiled bath, and private balcony where mornings and sunsets are made for lingering. Outside there are spacious decks to drink in the views and the salt-air breezes, and walking distance to all the charms of Bailey Island. Quiet, remote, yet connected this is more than a place to live. It's a place to breathe.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04003, Bailey Island, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	529 (100%)
Owner Occupied HU	158 (29.9%)
Renter Occupied HU	30 ( 5.7%)
Vacant Housing Units	341 (64.5%)
Median Home Value	$762,500
Average Home Value	$1,070,807