36 Ocean House Way #E4, York, ME, 03909 | 4.93% Rental Yield

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36 Ocean House Way #E4, York, ME, 03909 | 4.93% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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2 Bed
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298 York Street #8, York, ME, 03909

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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 York at 36 Ocean House Way #E4, York, ME, 03909 listed at $650,000 pairs $2,670/mo rent with a $3,181/mo payment. Total monthly income runs $2,670/mo. Return on cash invested measures 12.03% in year one, and rental yield registers 4.93% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 60.71% and total cumulative return in cash totals $129,818. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,670/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1986

3.85 Acres lot

$N/A/sqft

No HOA

More details about the property

Be ready to buy this rare find at the Ocean House! This is a light filled year round townhouse with 2 bedrooms, 2 baths and with a loft. Features include vaulted ceilings, gas fireplace, one car garage with driveway, and front and back fenced-in private-use yards. The fenced in area is great for summer grilling or just chilling out after a day at the beach. In the main building you will find a luxurious heated pool with a hot tub and fitness room and or relax with a book in the common room overlooking the Atlantic Ocean. Many attractions are just a short walk away including cool shops, wonderful restaurants, zoo and amusement park, Ellis Park, and of course, the numerous beaches in York. There is also entertainment at the Gazebo to enjoy all summer. After a busy day at the beach or in town, come and and relax at this quiet and peaceful home. OPEN HOUSE--Saturday, July 5th and Sunday, July 6th from 11-1 pm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03909, York, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,891 (100%)
Owner Occupied HU	4,276 (54.2%)
Renter Occupied HU	783 ( 9.9%)
Vacant Housing Units	2,832 (35.9%)
Median Home Value	$644,778
Average Home Value	$741,313

Housing Distribution

Address Breakdown

Residential

4,734

Single Family

4,531

Multi-Family

203

Businesses

474

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

2 Bed
1 Bath
886 sft

298 York Street #8, York, ME, 03909

2 Bed
2 Bath
975 sft

31 Ocean Avenue #311, York, ME, 03909

2 Bed
2 Bath
1836 sft

11 Ruch Lane #11, York, ME, 03909

2 Bed
2 Bath
1140 sft

31 Ocean Avenue UNIT 213, York, ME, 03909

Nearby investment properties with comparable prices

4 Bed
2 Bath
1956 sft

46 Littlebrook Lane, Eliot, ME, 03903

2 Bed
1 Bath
1127 sft

212 Miller Avenue UNIT A-4, Portsmouth, NH, 03801

6 Bed
3 Bath
3420 sft

24-26 West Concord Street, Dover, NH, 03820

3 Bed
2 Bath
1900 sft

118 Cocheco Street, Dover, NH, 03820

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1986
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Auto Door Opener, Reserved Parking, 1 - 4 Spaces, Paved, Inside Entrance

Location

City: York
State: ME
Subdivision: N/A
Lot Size: 3.85 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Coldwell Banker Realty

Mls Name: Maine Listings

Mls ID: #1629040

36 Ocean House Way #E4,York,ME,03909

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

36 Ocean House Way #E4YorkME03909