24 Forrestal Drive UNIT 24, Brunswick, ME, 04011 | $267/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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24 Forrestal Drive UNIT 24, Brunswick, ME, 04011 | $267/mo Cash Flow | Ziffy

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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 Brunswick at 24 Forrestal Drive UNIT 24, Brunswick, ME, 04011 uses $99,450 cash to close to unlock $3,204/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $2,551/mo, and a $1,468/mo payment keeps the spread at $267/mo. Purchase price stands at $300,000, and rental yield measures 10.2% with $2,551/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 121.97% and total cumulative return in cash records $121,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,551/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

$391 monthly HOA

More details about the property

Welcome to your dream home! This lovely 2-bedroom, 1.5-bath residence is nestled on a desirable corner lot, offering the perfect blend of comfort and privacy with no neighbors on three sides. The front of the home has perennial gardens with sunny daffodils in the spring, followed by beautiful daylilies along with other perennials. Step into the cozy living space, where sunlight pours in through large windows, creating a warm and inviting atmosphere. Enjoy a nice fenced in backyard perfect for relaxation or entertaining, complete with a charming patio for outdoor gatherings. Convenience is key with a full-size washer and dryer, ensuring laundry days are a breeze. Recent upgrades include a newly installed automatic garage door opener for easy access, along with a newer hot water heater and dishwasher, providing you with peace of mind and modern comforts. Don't miss the opportunity to make this beautiful home yoursschedule a viewing!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04011, Brunswick, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,568 (100%)
Owner Occupied HU	6,788 (64.2%)
Renter Occupied HU	2,897 (27.4%)
Vacant Housing Units	883 ( 8.4%)
Median Home Value	$466,100
Average Home Value	$490,432

Housing Distribution

Address Breakdown

Residential

10,296

Single Family

8,410

Multi-Family

1,886

Businesses

1,082

Price History

Date	Event	Price
2024-10-30	Listed for sale	$300,000
2022-04-12	Sold	$228,000
2022-01-18	Pending sale	$225,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
2016-11-11	N/A	N/A	N/A	N/A
2015-11-11	N/A	N/A	N/A	N/A
2014-11-11	N/A	N/A	N/A	N/A

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2003
Architectural Style: Townhouse
Building Area: 1,200
Living Area: 1,200 sqft
Property Condition: N/A

Features & Amenities

Heating: Radiant, Multi-Zones, Hot Water
Cooling: None
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Paved, Inside Entrance

Location

City: Brunswick
State: ME
Subdivision: Mariner Landing
Lot Size: N/A
Lot Features: Corner Lot, Level, Sidewalks, City Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
View: N/A

HOA & Fees

HOA Fee: $391 monthly
Association Fee: $391 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Public Sewer
Water Source: Public
Road Surface Type: Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Fontaine Family-The Real Estate Leader

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1608255

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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782

24 Forrestal Drive UNIT 24,Brunswick,ME,04011

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

24 Forrestal Drive UNIT 24BrunswickME04011