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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 Kennebunk at 3 Longview Terrace, Kennebunk, ME, 04043 priced at $465,000 pairs $3,420/mo rent with $485/mo cash flow after a $2,276/mo payment. Total monthly income equals $3,420/mo, and annual cash flow comes to $5,823/yr on $154,148 invested. Return on cash invested is 23.69% in year one, and rental yield stands at 8.83% on a $465,000 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,471 by year five. Five-year ROI measures 123.29% and total cumulative return in cash reaches $190,043. For financing, Ziffy Mortgage’s DSCR program evaluates $3,420/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
10,454 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $465,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | $3192.00 | 2.47% | $218,600 | N/A |
| 2021-11-11 | $3115.00 | 0.71% | $218,600 | N/A |
| 2020-11-11 | $3093.00 | 13.50% | $218,600 | 10.29% |
Listed by: N/A • Andrews Milligan Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1608988
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
