245 Arundel RoadKennebunkportME04046
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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
Investment Highlights
Investment property for sale in Kennebunkport at 245 Arundel Road, Kennebunkport, ME, 04046 earns from $7,063/mo rent with a $9,177/mo payment. Total monthly income totals $7,063/mo. ROI tracks 10.95% on current figures, and rental yield reads 4.52% at a $1,875,000 purchase. Equity gained on principal adds $12,099/yr, and 5% annual appreciation supports $518,028 over five years. Five-year ROI reaches 54.85% and total cumulative return in cash sums $333,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,063/mo property income instead of your personal income.
Single Family
Built in 1905
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04046, Kennebunkport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 3,207 (59.8%) |
| Renter Occupied HU | 482 ( 9.0%) |
| Vacant Housing Units | 1,678 (31.3%) |
| Median Home Value | $661,109 |
| Average Home Value | $817,945 |
Housing Distribution
Address Breakdown
Residential
3,756
Single Family
3,735
Multi-Family
21
Businesses
225
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Listed by: Ann Lapierre • Town Square Realty Group
Mls Name: PrimeMLS
Mls ID: #5064561