3 Nichols Lane, Kennebunk, ME, 04043 | $480/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

3 Nichols Lane, Kennebunk, ME, 04043 | $480/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Rental Income+ 1 more

4 Bed
2 Bath
2077 sft

20 Whittier Street, Dover, NH, 03820

6 Bed
2 Bath
2870 sft

25 River Street, Somersworth, NH, 03878

3 Bed
2 Bath
1657 sft

14 Maple Street, Ogunquit, ME, 03907

4 Bed
3 Bath
1596 sft

97 Flintlock Village UNIT 4, Wells, ME, 04090

Nearby investment properties with comparable prices

1 Bed
1 Bath
608 sft

444 Main Street UNIT 114, Ogunquit, ME, 03907

3 Bed
2 Bath
1123 sft

241 Sanford Road, Wells, ME, 04090

Investment Property+ 1 more

1 Bed
1 Bath
608 sft

444 Main Street UNIT 110, Ogunquit, ME, 03907

3 Bed
2 Bath
1872 sft

39 Goodwin Street, Berwick, ME, 03901

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

Investment property for sale in Kennebunk at 3 Nichols Lane, Kennebunk, ME, 04043 earns $480/mo cash flow from $3,314/mo rent with a $2,198/mo payment. Total monthly income totals $3,314/mo, and annual cash flow totals $5,759/yr on $148,844 capital. ROI tracks 23.78% on current figures, and rental yield reads 8.86% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 123.74% and total cumulative return in cash sums $184,180. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,314/mo property income instead of your personal income.

Single Family

Built in 1981

0.51 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 3 Nichols Lane, a charming home tucked away on a private road yet just moments from the heart of downtown Kennebunk. This recently remodeled residence offers a perfect blend of modern updates and cozy comfort, making it truly move-in ready. With 3 bedrooms and 1 bathroom, it's an ideal choice for those seeking a manageable home in a prime location. A new roof installed last year ensures peace of mind, while the thoughtful updates throughout the interior create a fresh, inviting atmosphere. Whether you're looking for your first home, a downsizing opportunity, or a low-maintenance getaway near town, this property is a rare find in an unbeatable setting.