4 Leach Street, Searsport, ME, 04974 | 3.4% Rental Yield

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4 Leach Street, Searsport, ME, 04974 | 3.4% Rental Yield | Ziffy

For Sale

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 Searsport at 4 Leach Street, Searsport, ME, 04974 at $525,000 posts ROI 7.38% with from $1,488/mo rent. Total monthly income equals $1,488/mo. Return on cash invested measures 7.38% and rental yield reads 3.4% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 35.78% and total cumulative return in cash totals $61,809. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,488/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1840

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover this inviting 4-bedroom, 3-bath home set in the historic heart of Searsport, offering the perfect blend of classic coastal charm and modern comfort. From the moment you arrive, the home's character, natural light, and thoughtful updates create a warm and welcoming atmosphere. Step out the front door and enjoy one of the town's best perks: head left for a short stroll to Penobscot bay, where peaceful shoreline views and salty breezes make for a perfect start or end to the day, or turn right and walk into downtown Searsport with easy access to shops, dining, museums, and year-round community attractions. It's a location that truly captures the essence of coastal Maine living. Inside, the spacious layout features bright living areas, original details that highlight the home's history, and modern improvements that support everyday convenience. With four well-sized bedrooms and three full baths, the home provides flexibility for a wide variety of living needs, whether you're looking for space to work, relax, host, or pursue your favorite hobbies. The low-maintenance lot adds even more appeal, giving you extra time to explore the shoreline, enjoy local events, or simply take in the relaxed pace of this vibrant coastal community. A rare opportunity to own a beautifully cared-for Searsport property with an exceptional location between Penobscot bay and the heart of downtown.