28 Bay Point Road, Georgetown, ME, 04548 | $201/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

28 Bay Point Road, Georgetown, ME, 04548 | $201/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
980 sft

6 Port Dr, Freeport, ME, 04032

3 Bed
2 Bath
1064 sft

4 Starboard Lane, Freeport, ME, 04032

Nearby investment properties with comparable prices

3 Bed
2 Bath
1064 sft

4 Starboard Lane, Freeport, ME, 04032

2 Bed
1 Bath
980 sft

6 Port Dr, Freeport, ME, 04032

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Georgetown at 28 Bay Point Road, Georgetown, ME, 04548 generates $1,053/mo in rent and, after a $661/mo payment, leaves $201/mo in cash flow. Total monthly income is $1,053/mo, and annual cash flow is $2,409/yr on $44,753 invested. Return on cash invested sits at 25.29% in year one, and rental yield is 9.36% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 131.87% and total cumulative return in cash sums $59,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,053/mo property income rather than buyer’s personal income.

Single Family

Built in 1989

0.45 Acres lot

$N/A/sqft

No HOA

More details about the property

Affordable Georgetown home bathed in sunlight awaits your renovations. New kitchen, baths, flooring and more needed here, but what a great spot. Convenient to local boat launch, too many conserved areas to list, and even the general store! Whether you are looking for a seasonal getaway or year-round home, this property has way more to offer than all the other deals you have seen come and go... a septic system designed for 240 gallons per day (this was once a restaurant), well, house built on slab with cedar siding and fun layout, and beautiful south-sloping meadow. Explore business, residential, or some mix of both with local zoning. Maybe configuration can be altered for two bedrooms. This will not last. Call now for a private tour. We can't wait to see you!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04548, Georgetown, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,058 (100%)
Owner Occupied HU	428 (40.5%)
Renter Occupied HU	80 ( 7.6%)
Vacant Housing Units	550 (52.0%)
Median Home Value	$521,825
Average Home Value	$618,592