302 Eddy Road #302, Edgecomb, ME, 04556 | $191/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

302 Eddy Road #302, Edgecomb, ME, 04556 | $191/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1288 sft

80 Scarponi Drive, Brunswick, ME, 04011

1 Bed
1 Bath
768 sft

2 Lupine Lane #2, Bath, ME, 04530

2 Bed
1 Bath
1000 sft

28 Bay Point Road, Georgetown, ME, 04548

3 Bed
2 Bath
1064 sft

2 Haskell Circle, Topsham, ME, 04086

Nearby investment properties with comparable prices

2 Bed
2 Bath
924 sft

25 Wolf Pond Road, Woolwich, ME, 04579

3 Bed
2 Bath
1360 sft

934 High Street, Bath, ME, 04530

1 Bed
1 Bath
768 sft

2 Lupine Lane #2, Bath, ME, 04530

3 Bed
3 Bath
1422 sft

8 Pond Drive, Brunswick, ME, 04011

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 Edgecomb at 302 Eddy Road #302, Edgecomb, ME, 04556 offers a 9.15% rental yield on a $145,000 purchase with $1,106/mo rent. Total monthly income registers $1,106/mo, and a $710/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,287/yr on $48,068 to close, and return on cash invested stands at 24.67% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 128.56% and total cumulative return in cash at $61,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,106/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2007

9 Acres lot

$N/A/sqft

No HOA

More details about the property

If you've been longing to own your own little piece of Maine, or want to add a convenient STR to your rental portfolio, or boththis one's for you! Sweet, first floor efficiency condo unit located in The Inn at Sheepscot Harbour Village Resort, with thousands of feet of shared water frontage, 700' dock, kayak/canoe racks, and potential for a mooring. Located just over the bridge from Wiscasset's vibrant, working waterfront and 10 minutes to Boothbay Harbor, Damariscotta, and Newcastle, this effortless pied-a-terre makes a comfortable home base from which to explore Mid-Coast Maine and beyond. Use it year-round whenever you want, and maximize your investment by renting it when you're away. You decide whether to use Airbnb/VRBO or to employ the dedicated, full-service rental management company on site to handle everything for you. Spacious studio room with French doors that let in the light, tiled bathroom with jetted tub/shower. All furnishings, tv, fridge, and microwave convey with the sale, making this a truly turnkey opportunity. Come and see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04556, Edgecomb, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	810 (100%)
Owner Occupied HU	478 (59.0%)
Renter Occupied HU	75 ( 9.3%)
Vacant Housing Units	257 (31.7%)
Median Home Value	$382,222
Average Home Value	$559,786