








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Bailey Island at 20 Spruce Ledge Road, Bailey Island, ME, 04003 projects strong ROI of 0.91%. Rental yield 1.27%. With 5% annual appreciation, the property builds $690,704 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.01%, translating into $8,151 in total cumulative return on $810,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1937
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04003, Bailey Island, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 158 (29.9%) |
| Renter Occupied HU | 30 ( 5.7%) |
| Vacant Housing Units | 341 (64.5%) |
| Median Home Value | $762,500 |
| Average Home Value | $1,070,807 |
Residential
168
Single Family
168
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Listed for sale | $2,500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-16 | $2755.00 | N/A | $451,600 | N/A |
| 2023-07-16 | $2755.00 | 3.42% | $451,600 | N/A |
| 2022-07-16 | $2664.00 | -0.37% | $451,600 | 13.81% |



Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1629621
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