23 Meadow Cove Road, East Boothbay, ME, 04544 | Equity Gain $2,252/yr

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23 Meadow Cove Road, East Boothbay, ME, 04544 | Equity Gain $2,252/yr | 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

Investment property for sale in East Boothbay at 23 Meadow Cove Road, East Boothbay, ME, 04544 with 5% annual appreciation on a $349,000 basis while $0/mo rent supports operations. 93% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1990

1.75 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy the ease of single-level living in this inviting 2-bedroom, 1-bath ranch set on 1.75 acres with a deeded walking right of way to Meadow Cove. Thoughtfully designed for comfort and convenience, this home features an attached one-car garage, central air, and a full-house generator. The open layout and abundant natural light create a welcoming feel, while a newly built three season sunroom offers the perfect space to relax or entertain. Take a peaceful walk to nearby Meadow Cove or into East Boothbay Village to enjoy the neighborhood charm. Move-in ready and meticulously cared for, this home invites you to settle in and enjoy a simpler, more comfortable way of life.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04544, East Boothbay, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	968 (100%)
Owner Occupied HU	326 (33.7%)
Renter Occupied HU	35 ( 3.6%)
Vacant Housing Units	607 (62.7%)
Median Home Value	$583,333
Average Home Value	$980,905