20 Colony Way, Kittery, ME, 03904 | $262/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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20 Colony Way, Kittery, ME, 03904 | $262/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 Kittery at 20 Colony Way, Kittery, ME, 03904 priced at $315,000 pairs $2,250/mo rent with $262/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,250/mo, and annual cash flow comes to $3,141/yr on $104,423 invested. Return on cash invested is 22.92% in year one, and rental yield stands at 8.57% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 119.14% and total cumulative return in cash reaches $124,409. For financing, Ziffy Mortgage’s DSCR program evaluates $2,250/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover the ease of single-level living in this brand-new, beautifully designed home, nestled in the serene Yankee Settlement community. This peaceful 55+ neighborhood offers both comfort and convenience in a picturesque setting. Step inside to find an inviting open-concept living space, complete with a stunning kitchen perfect for cooking and entertaining. With two spacious bedrooms, there's plenty of room to spread out and relax. Located in charming Kittery, you'll enjoy access to scenic beaches, tidal rivers like Spruce Creek and Chauncey Creek, and year-round opportunities for kayaking, swimming, and soaking in the coastal beauty. Local favorites like Fort Foster Park and Seapoint Beach offer perfect spots for outdoor recreation and peaceful moments by the water. Enjoy the best of small-town living with nearby outlet shopping, local bakeries, fresh markets, and a welcoming sense of community.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03904, Kittery, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,413 (100%)
Owner Occupied HU	2,410 (54.6%)
Renter Occupied HU	1,466 (33.2%)
Vacant Housing Units	537 (12.2%)
Median Home Value	$553,355
Average Home Value	$593,606