35 Bayview Dr, Wiscasset, ME, 04578 | $47/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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35 Bayview Dr, Wiscasset, ME, 04578 | $47/mo Cash Flow | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wiscasset at 35 Bayview Dr, Wiscasset, ME, 04578 at $365,000 posts ROI 20.37% with $47/mo cash flow from $2,350/mo rent. Total monthly income equals $2,350/mo, and annual cash flow records $563/yr on $120,998 to close. Return on cash invested measures 20.37% and rental yield reads 7.73% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 105.48% and total cumulative return in cash totals $127,627.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,350/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2022

3 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 35 Bay View Drive, a beautifully finished home completed in 2023 and recently enhanced with a brand-new kitchen, updated flooring, fresh upstairs carpeting, paint, and stylish furnishings all included. This 864 sq. ft. gem offers comfort, efficiency, and flexibility in the heart of Midcoast Maine, just over the bridge from Wiscasset. Inside, enjoy energy-efficient appliances, a high-end heat pump providing both heating and cooling, and cozy infrared fireplaces on both levels. A first-floor bedroom and full bath make single-level living a breeze, while upstairs offers additional space for family or guests. Step outside to a wraparound deck perfect for morning coffee or evening gatherings with the option to enclose for even more living area. A new well, two-bedroom septic, back-up generator, and large outbuilding add peace of mind and plenty of utility. The open grounds invite gardens, entertaining, or simply soaking in the islands natural beauty. With low-maintenance amenities, this home is ideal as a year-round residence, a weekend retreat, or an income-producing short-term rental. Nearby, youll find a public dock and mooring with direct access to Casco Bay, plus easy reach to marinas in Georgetown, Boothbay Harbor, Bath, and Sebasco offering endless boating and recreation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04578, Wiscasset, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,483 (100%)
Owner Occupied HU	1,636 (65.9%)
Renter Occupied HU	421 (17.0%)
Vacant Housing Units	426 (17.2%)
Median Home Value	$340,434
Average Home Value	$407,550