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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 Kennebunk at 2 Cranberry Lane, Kennebunk, ME, 04043 generates $3,774/mo in rent, after a $4,160/mo payment. Total monthly income is $3,774/mo. Return on cash invested sits at 13.24% in year one, and rental yield is 5.33% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 67.18% and total cumulative return in cash sums $187,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,774/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.55 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Listed for sale | $850,000 |
| 1996-12-09 | Sold | $198,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $7481.00 | N/A | $466,100 | N/A |
| 2023-02-18 | $7481.00 | 9.93% | $466,100 | N/A |
| 2022-02-18 | $6805.00 | 2.45% | $466,100 | N/A |
Listed by: N/A • Coldwell Banker Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1611271
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
