4 Roland Kimball Road #2, Freeport, ME, 04032 | 3.1% Rental Yield

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4 Roland Kimball Road #2, Freeport, ME, 04032 | 3.1% Rental Yield | Ziffy

Pending

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

Rental property for sale in Freeport at 4 Roland Kimball Road #2, Freeport, ME, 04032 priced at $1,485,000 converts $3,839/mo rent into after a $7,268/mo obligation. Total monthly income equals $3,839/mo. Return on cash invested prints 6.57% in year one, and rental yield reads 3.1% against a $1,485,000 entry. Equity gained on principal adds $9,582/yr, while 5% annual appreciation compiles into $410,278 by year five. Five-year ROI reaches 31.38% and total cumulative return in cash sums $150,990. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,839/mo property income covering a $7,268/mo payment, not borrower’s personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Enjoy year-round coastal living with sweeping southerly views over South Freeport Harbor from this beautifully maintained waterfront condominium in South Freeport, Maine. One of just two units in a quiet, private association, this traditional style residence offers the rare combination of serene harbor front living with close proximity to the vibrant heart of Freeport. Inside, you'll find three bedrooms and three full baths, thoughtfully arranged across a sun filled floor plan with hardwood floors and water views from much of the first floor. The main living area centers around a classic wood burning fireplace and the first floor and upper decks invite indoor-outdoor living in every season. A finished loft, currently used as an inspiring art studio, offers panoramic views over the harbor and offers a perfect retreat for work, creativity, or quiet reflection. Kayak directly from the shared shorefront and explore the peaceful inlets of the Harraseeket River, or take advantage of nearby marinas, slips, and moorings for larger boating adventures. A two car garage provides ample storage for gear and vehicles, making this a truly practical home for year-round waterfront enjoyment. Just minutes away, downtown Freeport offers boutique shopping, renowned dining, and everyday conveniences, as well as access to hiking trails, nature preserves, and Maine's iconic coastline. Whether you're looking for a primary residence or a peaceful escape, this harbor front gem delivers timeless charm, modern comfort, and an unmatched connection to the Maine's coast.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04032, Freeport, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,124 (100%)
Owner Occupied HU	3,053 (74.0%)
Renter Occupied HU	685 (16.6%)
Vacant Housing Units	386 ( 9.4%)
Median Home Value	$638,488
Average Home Value	$737,943