42 Pine Hill Drive UNIT 42BathME04530








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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


Investment Highlights
Investment property for sale in Bath at 42 Pine Hill Drive UNIT 42, Bath, ME, 04530 offers a 10.83% rental yield on a $275,000 purchase with $2,483/mo rent. Total monthly income registers $2,483/mo, and a $1,346/mo payment leaves $432/mo available for distribution. Annual cash flow reaches $5,189/yr on $91,163 to close, and return on cash invested stands at 25.6% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 135.05% and total cumulative return in cash at $123,119. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,483/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
6.10 Acres lot
$N/A/sqft
$315 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04530, Bath, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,152 (100%) |
| Owner Occupied HU | 3,485 (56.6%) |
| Renter Occupied HU | 1,955 (31.8%) |
| Vacant Housing Units | 712 (11.6%) |
| Median Home Value | $374,912 |
| Average Home Value | $480,148 |
Housing Distribution
Address Breakdown
Residential
5,468
Single Family
5,211
Multi-Family
257
Businesses
441
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Price change | $275,000 |
| 2024-10-06 | Price change | $285,000 |
| 2024-09-07 | Price change | $274,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: Condo
- Year Built: 1988
- Architectural Style: N/A
- Building Area: 1,040
- Living Area: 1,040 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard
- Cooling: None
- Flooring: N/A
- Interior Features: Attic, Bathtub
- Exterior Features: N/A
- Parking Features: 1 - 4 Spaces, Common, On Site
Location
HOA & Fees
- HOA Fee: $315 monthly
- Association Fee: $315 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Private Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1606087
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782








