3 Sandalwood CircleKitteryME03904
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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 Kittery at 3 Sandalwood Circle, Kittery, ME, 03904 uses $36,134 cash to close to unlock $1,555/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $818/mo, and a $534/mo payment keeps the spread at $130/mo. Purchase price stands at $109,000, and rental yield measures 9.01% with $818/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 126.16% and total cumulative return in cash records $45,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $818/mo property income covering a $534/mo payment rather than investor’s personal income.
Manufactured
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03904, Kittery, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,413 (100%) |
| Owner Occupied HU | 2,410 (54.6%) |
| Renter Occupied HU | 1,466 (33.2%) |
| Vacant Housing Units | 537 (12.2%) |
| Median Home Value | $553,355 |
| Average Home Value | $593,606 |
Housing Distribution
Address Breakdown
Residential
4,022
Single Family
3,639
Multi-Family
383
Businesses
437
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