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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Damariscotta at 27 Russell Lane, Damariscotta, ME, 04543 priced at $439,000 pairs $3,004/mo rent with $233/mo cash flow after a $2,149/mo payment. Total monthly income equals $3,004/mo, and annual cash flow comes to $2,797/yr on $145,529 invested. Return on cash invested is 21.83% in year one, and rental yield stands at 8.21% on a $439,000 basis. Equity gained on principal adds $2,833/yr, and 5% annual appreciation accumulates to $121,288 by year five. Five-year ROI measures 113.34% and total cumulative return in cash reaches $164,936. For financing, Ziffy Mortgage’s DSCR program evaluates $3,004/mo property income against a $2,149/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04543, Damariscotta, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,456 (100%) |
| Owner Occupied HU | 788 (54.1%) |
| Renter Occupied HU | 372 (25.5%) |
| Vacant Housing Units | 296 (20.3%) |
| Median Home Value | $372,052 |
| Average Home Value | $444,632 |
Residential
876
Single Family
740
Multi-Family
136
Businesses
259
Date | Event | Price |
|---|---|---|
| 2025-07-24 | Sold | $439,000 |
| 2025-06-26 | Pending sale | $429,000 |
| 2025-06-19 | Contingent | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $3604.00 | N/A | $230,300 | N/A |
| 2023-10-26 | $3604.00 | 12.20% | $230,300 | 19.39% |
| 2022-10-26 | $3212.00 | 4.73% | $192,900 | N/A |
Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1626692
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
