49 Cedar Beach RoadBailey IslandME04003








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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


Investment Highlights
Investment property for sale in Bailey Island at 49 Cedar Beach Road, Bailey Island, ME, 04003 with 5% annual appreciation on a $968,000 basis while $2,640/mo rent supports operations. 93% in year one. Equity gained on principal adds $6,246/yr, and five-year appreciation sums $267,441 alongside rental yield of 3.27%. Five-year ROI measures 33.35% and total cumulative return in cash totals $106,225. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $4,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
0.92 Acres lot
$N/A/sqft
$200 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04003, Bailey Island, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 158 (29.9%) |
| Renter Occupied HU | 30 ( 5.7%) |
| Vacant Housing Units | 341 (64.5%) |
| Median Home Value | $762,500 |
| Average Home Value | $1,070,807 |
Housing Distribution
Address Breakdown
Residential
168
Single Family
168
Multi-Family
0
Businesses
23
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-22 | Listed for sale | $968,000 |
| 2024-07-19 | Listing removed | N/A |
| 2024-07-09 | Price change | $1,065,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | $3344.00 | 29.71% | $566,800 | 48.18% |
| 2020-11-11 | $2578.00 | 0.59% | $382,500 | N/A |
| 2019-11-11 | $2563.00 | 3.39% | $382,500 | N/A |
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Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2012
- Architectural Style: Cottage,Shingle Style
- Building Area: 2,407
- Living Area: 2,407 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Stove, Radiant, Direct Vent Furnace
- Cooling: None
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Gravel, On Site, Garage Door Opener
Location
- City: Bailey Island
- State: ME
- Subdivision: Cedar Beach Road Association
- Lot Size: 0.92 Acres
- Lot Features: Landscaped, Near Public Beach
- View: Scenic, Trees/Woods
HOA & Fees
- HOA Fee: $200 annually
- Association Fee: $200 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Existing on Site
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Legacy Properties Sotheby's International Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1601315
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782








