2 Cedar Bend UNIT 2BoothbayME04537
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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
Investment Highlights
Investment property for sale in Boothbay at 2 Cedar Bend UNIT 2, Boothbay, ME, 04537 with 5% annual appreciation on a $412,500 basis while $2,280/mo rent supports operations. 78% in year one. Equity gained on principal adds $2,662/yr, and five-year appreciation sums $113,966 alongside rental yield of 6.63%. Five-year ROI measures 71.33% and total cumulative return in cash totals $97,540. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,280/mo property income versus a $2,019/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
N/A lot
$N/A/sqft
$375 monthly HOA
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Nearby investment properties with comparable prices
Listed by: N/A • Vitalius Real Estate Group, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1614706
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