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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Eliot at 36 Laurel Lane, Eliot, ME, 03903 priced at $1,100,000 pairs $3,970/mo rent with after a $5,384/mo payment. Total monthly income equals $3,970/mo. Return on cash invested is 9.97% in year one, and rental yield stands at 4.33% on a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and 5% annual appreciation accumulates to $303,910 by year five. Five-year ROI measures 49.75% and total cumulative return in cash reaches $177,295. For financing, Ziffy Mortgage’s DSCR program evaluates $3,970/mo property income against a $5,384/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.56 Acres lot
$N/A/sqft
$1,400 annually HOA
Neighborhood data shown for ZIP Code: 03903, Eliot, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 2,494 (80.8%) |
| Renter Occupied HU | 419 (13.6%) |
| Vacant Housing Units | 172 ( 5.6%) |
| Median Home Value | $606,849 |
| Average Home Value | $638,798 |
Residential
2,864
Single Family
2,756
Multi-Family
108
Businesses
248
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $1,100,000 |
| 2014-06-09 | Sold | $510,000 |
| 2014-03-25 | Listed for sale | $529,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $8281.00 | N/A | $676,000 | N/A |
| 2023-04-23 | $8281.00 | 4.07% | $676,000 | 2.80% |
| 2022-04-23 | $7957.00 | 11.29% | $657,600 | 24.17% |
Listed by: N/A • Maine Real Estate Co
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1618849
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
