44 Memory Lane Lane, Arundel, ME, 04046 | $445/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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44 Memory Lane Lane, Arundel, ME, 04046 | $445/mo Cash Flow | Ziffy

For Sale

Rental Income

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 Arundel at 44 Memory Lane Lane, Arundel, ME, 04046 generates $3,600/mo in rent and, after a $2,447/mo payment, leaves $445/mo in cash flow. Total monthly income is $3,600/mo, and annual cash flow is $5,336/yr on $165,750 invested. Return on cash invested sits at 23.13% in year one, and rental yield is 8.64% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 120.26% and total cumulative return in cash sums $199,328. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.

Multi Family

Built in 1996

7.83 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover an incredible opportunity with this 2-unit duplex on a sprawling 7.83-acre lot. This property offers more than just comfortable livingit's a smart, high-yield investment. Each unit features 2 bedrooms and 1 bathroom, with separate utilities for seamless managementideal for rental income, multigenerational living, or investment purposes. The large lot not only provides privacy and ample space but also offers the opportunity to subdivide, creating an additional lot. With spacious living areas and functional layouts in each unit, this duplex provides comfort and convenience for tenants or family members alike. The expansive land invites outdoor activities, future development, or even expansion possibilities. This property combines immediate rental income potential with the added benefit of land value appreciation and development.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04046, Kennebunkport, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,367 (100%)
Owner Occupied HU	3,207 (59.8%)
Renter Occupied HU	482 ( 9.0%)
Vacant Housing Units	1,678 (31.3%)
Median Home Value	$661,109
Average Home Value	$817,945