23 Lilac Lane #23, Kennebunk, ME, 04043 | 5.88% Rental Yield

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

Investment property for sale in Kennebunk at 23 Lilac Lane #23, Kennebunk, ME, 04043 listed at $489,900 pairs $2,400/mo rent with a $2,398/mo payment. Total monthly income runs $2,400/mo. Return on cash invested measures 14.8% in year one, and rental yield registers 5.88% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 75.57% and total cumulative return in cash totals $122,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2001

0.46 Acres lot

$N/A/sqft

No HOA