444 Main Street UNIT 101, Ogunquit, ME, 03907 | 6.5% Rental Yield

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444 Main Street UNIT 101, Ogunquit, ME, 03907 | 6.5% Rental Yield | Ziffy

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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

Investment property for sale in Ogunquit at 444 Main Street UNIT 101, Ogunquit, ME, 03907 offers a 6.5% rental yield on a $399,000 purchase with $2,160/mo rent. 17% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 68.12% and total cumulative return in cash at $90,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1987

1.24 Acres lot

$N/A/sqft

$385 monthly HOA

More details about the property

THIS IS IT! Close to the center of town and Ogunquit Beach- this year-round, first floor/ end unit, 1 bedroom, 1 bathroom condo at Ocean Towers awaits! Make this condo into your home or rent it out for added income. Shared laundry on site and a pool to relax in if you don't want sand on your feet. Owners are permitted to have pets while renters are not.

Neighborhood Data

Neighborhood data shown for ZIP Code: 03907, Ogunquit, ME area.

Housing Distribution

Housing Statistics

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

Housing Distribution

Address Breakdown

Residential

435

Single Family

435

Multi-Family

Businesses

207

Price History

Date	Event	Price
2024-12-27	Listed for sale	$399,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
2024-01-28	$2036.00	N/A	$315,100	N/A
2023-01-28	$2036.00	2.26%	$315,100	N/A
2022-01-28	$1991.00	29.29%	$315,100	66.54%

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2 Bed
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840 sft

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2 Bed
2 Bath
1250 sft

7A The Crossings at Village Center Drive, Barrington, NH, 03825

2 Bed
1 Bath
1120 sft

6 Hanson Street, Somersworth, NH, 03878

2 Bed
2 Bath
1250 sft

7C The Crossings at Village Center Drive, Barrington, NH, 03825

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2 Bed
1 Bath
1064 sft

1A Rowland Street, Somersworth, NH, 03878

2 Bed
2 Bath
1479 sft

56 Durham Road #62, Dover, NH, 03820

3 Bed
1 Bath
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9 Cedarbrook Drive, Dover, NH, 03820

2 Bed
1 Bath
916 sft

20 River Street, Exeter, NH, 03833

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1987
Architectural Style: Other
Building Area: 608
Living Area: 608 sqft
Property Condition: N/A

Features & Amenities

Heating: Baseboard
Cooling: A/C Units, Multi Units
Flooring: N/A
Interior Features: 1st Floor Bedroom, One-Floor Living, Shower, Storage
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Paved, Common, Off Street

Location

City: Ogunquit
State: ME
Subdivision: Ocean Towers Condominium Association
Lot Size: 1.24 Acres
Lot Features: Level, Open Lot, Sidewalks, Landscaped, City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
View: N/A

HOA & Fees

HOA Fee: $385 monthly
Association Fee: $385 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: Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • RE/MAX Realty One

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1611622

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

444 Main Street UNIT 101,Ogunquit,ME,03907

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

444 Main Street UNIT 101OgunquitME03907