304 Eddy Road #216, Edgecomb, ME, 04556 | $857/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
4 Bath
2300 sft

30 Quarry Farm Road, Edgecomb, ME, 04556

1 Bed
1 Bath
640 sft

19 Riverside Avenue, Edgecomb, ME, 04556

3 Bed
3 Bath
1618 sft

67 Village Way #505, Edgecomb, ME, 04556

5 Bed
7 Bath
4105 sft

18 High Head Road, Edgecomb, ME, 04556

Nearby investment properties with comparable prices

1 Bed
1 Bath
588 sft

384 Mere Point Road, Brunswick, ME, 04011

2 Bed
1 Bath
776 sft

152 Mckeen Street UNIT A3, Brunswick, ME, 04011

2 Bed
1 Bath
940 sft

20 Oak Grove Avenue UNIT 1, Bath, ME, 04530

Motivated Seller+ 1 more

2 Bed
- Bath
1040 sft

L19 M79 Birch Island E, Harpswell, ME, 04079

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 304 Eddy Road #216, Edgecomb, ME, 04556 uses $77,869 cash to close to unlock $10,287/yr annual cash flow and $857/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,150/mo payment keeps the spread at $857/mo. Purchase price stands at $234,900, and rental yield measures 11.95% with $2,340/mo rent. Return on cash invested shows 33.12% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 173.89% and total cumulative return in cash records $135,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,150/mo payment rather than investor’s personal income.

Condo

Built in 2006

9 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't overlook this as having seen these units before! A Rare Waterfront Studio with Full Kitchen at The Lodge - Sheepscot Harbour Village & Resort. Enjoy carefree, year-round living on the shores of the Sheepscot River in this beautifully remodeled upper-level corner studio located in The Lodge at Sheepscot Harbour Village & Resort. This bright, cottage-style retreat features a brand-new full kitchena rare amenity in the complexcomplete with electric range/oven, full-size refrigerator, dishwasher, and microwave, making it ideal for extended stays or rental income. Step outside and take in peaceful water and sunset views, just steps from the dock and shoreline. Ownership includes access to 3,000 feet of shared waterfront, a 700' dock, kayak/canoe racks, and potential for a mooring or dock slipperfect for boating and exploring Mid-coast Maine. Conveniently located just across the bridge from Wiscasset and only 10 minutes to Damariscotta/Newcastle & Boothbay Harbor, this easy, maintenance-free Maine getaway blends comfort and convenience. Furniture not included.

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