24 Barlow Hill Road, Boothbay, ME, 04537 | 5.96% 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 Boothbay at 24 Barlow Hill Road, Boothbay, ME, 04537 listed at $459,000 pairs $2,280/mo rent with a $2,247/mo payment. Total monthly income runs $2,280/mo. Return on cash invested measures 15.04% in year one, and rental yield registers 5.96% at a $459,000 basis. Equity gained on principal adds $2,962/yr, and annual property appreciation at 5% supports $126,813 by year five. Five-year ROI tracks 76.89% and total cumulative return in cash totals $116,999. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $2,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1900

0.65 Acres lot

$N/A/sqft

No HOA

More details about the property

This 3 bedroom, 1.5 bathroom home in East Boothbay is located on Barlow Hill Road in the quaint East Boothbay Village. This location offers a quiet side road but a lovely neighborhood just minutes from Boothbay Harbor's bustling downtown with shops and dining. The first floor includes the kitchen and dining area along with a den and office. A spacious screened porch is an ideal place to enjoy all summer. The bedrooms are upstairs but there is potential for a first level bedroom if desired. This home awaits some updates but the location makes any investment worthwhile. Recent system upgrades include a boiler, roof, and generator. The 20' x 18' barn is an added bonus and ideal for a workshop or storage. Located very close to 2 public boat launches, a general store and restaurants.