28 Knickerbocker RoadBoothbayME04537
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Nearby investment properties with comparable prices
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 Boothbay at 28 Knickerbocker Road, Boothbay, ME, 04537 at $255,000 posts ROI 25.92% with $424/mo cash flow from $2,033/mo rent. Total monthly income equals $2,033/mo, and annual cash flow records $5,085/yr on $84,533 to close. Return on cash invested measures 25.92% and rental yield reads 9.57% at the current $255,000. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 by year five. Five-year ROI prints 135.27% and total cumulative return in cash totals $114,344.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,033/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1997
1.50 Acres lot
$N/A/sqft
No HOA
More details about the property
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-26 | Listed for sale | $255,000 |
| 2020-06-26 | Sold | $132,150 |
| 2020-03-14 | Listed for sale | $137,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $914.00 | N/A | $90,945 | N/A |
| 2023-04-02 | $914.00 | 8.04% | $90,945 | N/A |
| 2022-04-02 | $846.00 | -2.65% | $90,945 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1997
- Architectural Style: N/A
- Building Area: 952
- Living Area: 952 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air
- Cooling: None
- Flooring: N/A
- Interior Features: 1st Floor Bedroom, Shower, Storage
- Exterior Features: N/A
- Parking Features: 5 - 10 Spaces, Gravel
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
- Water Source: Private, Well
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Harbor Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1617146
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