








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 Eliot at 20 Hawk Way, Eliot, ME, 03903 offers $950/mo rent that, after a $582/mo payment. Total monthly income is $950/mo. Return on cash invested measures 8.7% in year one, and rental yield stands at 9.58% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 49.2% and total cumulative return in cash reaches $19,409. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $950/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
$568 monthly HOA
Neighborhood data shown for ZIP Code: 03903, Eliot, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 2,494 (80.8%) |
| Renter Occupied HU | 419 (13.6%) |
| Vacant Housing Units | 172 ( 5.6%) |
| Median Home Value | $606,849 |
| Average Home Value | $638,798 |
Residential
2,864
Single Family
2,756
Multi-Family
108
Businesses
248
Date | Event | Price |
|---|---|---|
| 2024-12-26 | Listed for sale | $119,000 |
| 2013-01-02 | Listing removed | $39,900 |
| 2012-08-14 | Listed for sale | $39,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $564.00 | N/A | $46,000 | N/A |
| 2023-02-18 | $564.00 | 22.88% | $46,000 | 21.37% |
| 2022-02-18 | $459.00 | 30.40% | $37,900 | 45.21% |



Listed by: N/A • RE/MAX Shoreline
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1611620
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