43 Pine Hill Drive #43, Bath, ME, 04530 | $742/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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43 Pine Hill Drive #43, Bath, ME, 04530 | $742/mo Cash Flow | Ziffy

Recently Sold

Ziffy Mortgage

NMLS #2625701

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Investment Highlights

Rental property for sale in Bath at 43 Pine Hill Drive #43, Bath, ME, 04530 generates $2,580/mo in rent and, after a $1,175/mo payment, leaves $742/mo in cash flow. Total monthly income is $2,580/mo, and annual cash flow is $8,904/yr on $79,560 invested. Return on cash invested sits at 31.1% in year one, and rental yield is 12.9% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 164.77% and total cumulative return in cash sums $131,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.

Condo

Built in 1988

6.10 Acres lot

$N/A/sqft

$323 monthly HOA

More details about the property

Only One Owner has lived in this well maintained condo! Easy living close to all Bath amenities at an affordable price. This condo has the added feature of a new heat pump which heats and cools the unit. The first floor opens onto a back patio, has a generous living room, dining area, kitchen and half bath. The second floor has two bedrooms, a full bath with laundry. The third floor has recently been finished and is a great office or extra guest space. An easy commute to Brunswick or Portland.

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
2025-07-19	Listing removed	$1,975
2025-07-14	Price change	$1,975
2025-07-03	Sold	$240,000

Ziffy Mortgage

NMLS #2625701

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Facts & Features

General Information

Type: Condo
Year Built: 1988
Architectural Style: Other
Building Area: 1,300
Living Area: 1,300 sqft
Property Condition: N/A

Features & Amenities

Heating: Space Heater, Heat Pump, Baseboard
Cooling: Heat Pump
Flooring: Vinyl, Carpet
Interior Features: Attic, Shower
Exterior Features: N/A
Parking Features: Reserved Parking, 1 - 4 Spaces, Paved, Common

Location

City: Bath
State: ME
Subdivision: N/A
Lot Size: 6.10 Acres
Lot Features: Open Lot, Level, Sidewalks, Near Shopping
View: N/A

HOA & Fees

HOA Fee: $323 monthly
Association Fee: $323 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Public 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 • Portside Real Estate Group

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1621911

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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782

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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