20 Ephraim Tyler Way #20, Kennebunk, ME, 04043 | 4.97% Rental Yield

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20 Ephraim Tyler Way #20, Kennebunk, ME, 04043 | 4.97% Rental Yield | 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

Total monthly income runs $2,400/mo, and a $2,834/mo payment. Purchase price stands at $579,000, and rental yield measures 4.97% with $2,400/mo rent. Return on cash invested shows 12.16% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 61.41% and total cumulative return in cash records $116,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $2,834/mo payment rather than investor’s personal income.

Condo

Built in 1994

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Tucked within the desirable Grant Farm community, this end-unit condo offers both convenience and comfort just minutes from Kennebunk Beach and Dock Square. The inviting open floor plan features a kitchen that flows seamlessly into the dining and living areas, complete with a cozy fireplace. A flexible first-floor room with slider opens to a private patio, complemented by a powder room for guests. Upstairs, two spacious bedrooms with vaulted ceilings each boast their own bath, creating ideal private retreats. Large windows bring in natural light and frame serene, wooded views. An attached two-car garage, thoughtful layout, and quiet setting make this a wonderful year-round home or coastal getaway.