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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% |
Investment property for sale in Ogunquit at 43 Cedar Lane, Ogunquit, ME, 03907 offers a 2.94% rental yield on a $979,000 purchase with $2,400/mo rent. 98% in year one. Equity gained on principal adds $6,317/yr while 5% annual appreciation supports $270,480 over five years. Portfolio math shows five-year ROI at 28.29% and total cumulative return in cash at $91,126. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $4,792/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 03907, Ogunquit, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,075 (100%) |
| Owner Occupied HU | 717 (34.6%) |
| Renter Occupied HU | 116 ( 5.6%) |
| Vacant Housing Units | 1,242 (59.9%) |
| Median Home Value | $812,500 |
| Average Home Value | $897,333 |
Residential
435
Single Family
435
Multi-Family
0
Businesses
207
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Abigail Douris Real EstateLLC
Mls Name: Maine Listings
Mls ID: #1631390
