48 Pine Hill Drive UNIT 48, Bath, ME, 04530 | 9.6% Rental Yield

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48 Pine Hill Drive UNIT 48, Bath, ME, 04530 | 9.6% Rental Yield | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 Bath at 48 Pine Hill Drive UNIT 48, Bath, ME, 04530 earns from $1,440/mo rent with a $881/mo payment. Total monthly income totals $1,440/mo. ROI tracks 19.53% on current figures, and rental yield reads 9.6% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 103.3% and total cumulative return in cash sums $61,637. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.

Condo

Built in 1989

N/A lot

$N/A/sqft

$323 monthly HOA

More details about the property

Unlock Instant Equity Potential in Bath! Just five minutes from downtown Bath and the Maine Maritime Museumand only 30 minutes from Portlandthis spacious 2-bedroom, 1.5-bath townhouse offers a rare opportunity to build value quickly in a desirable location. Set within a well-established and well-maintained association, the home features a cozy living room with fireplace, a generously sized kitchen and dining area, two bright bedrooms on the second floor, and a versatile third-floor loftperfect for a home office or creative retreat. While the unit is in need of cosmetic updates, a very reasonable renovation quote is already available, making this a savvy choice for buyers eager to personalize their space and gain equity fast. Whether you're looking for a primary residence, an investment opportunity, or a stylish Maine getaway, 48 Pine Hill Drive is full of promise. Don't miss outthis is your chance to create value and live just minutes from the charm of downtown Bath and the beauty of the Midcoast.

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
2025-05-20	Listed for sale	$180,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

1 Bed
1 Bath
524 sft

1291 US Route 1, Freeport, ME, 04032

3 Bed
3 Bath
2160 sft

7 Moose Trail Drive, Bath, ME, 04530

3 Bed
1 Bath
1250 sft

37 Spar Cove Rd, Phippsburg, ME, 04562

2 Bed
2 Bath
980 sft

7 Starboard Ln, Freeport, ME, 04032

Nearby investment properties with comparable prices

2 Bed
2 Bath
980 sft

7 Starboard Ln, Freeport, ME, 04032

3 Bed
- Bath
1380 sft

163 W West Point Road, Phippsburg, ME, 04562

1 Bed
1 Bath
524 sft

1291 US Route 1, Freeport, ME, 04032

1 Bed
1 Bath
560 sft

10 Birch Point Road, West Bath, ME, 04530

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1989
Architectural Style: Colonial
Building Area: 1,105
Living Area: 1,105 sqft
Property Condition: N/A

Features & Amenities

Heating: Direct Vent Heater, Baseboard
Cooling: None
Flooring: Tile, Laminate, Carpet
Interior Features: Shower
Exterior Features: N/A
Parking Features: Reserved Parking, No Driveway, 1 - 4 Spaces

Location

City: Bath
State: ME
Subdivision: Pine Hill Condominium Owners' Association
Lot Size: N/A
Lot Features: Level, Near Shopping, Near Turnpike/Interstate, Near Town
View: Trees/Woods

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: Paved

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: #1623358

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

48 Pine Hill Drive UNIT 48,Bath,ME,04530

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

48 Pine Hill Drive UNIT 48BathME04530