49 West Shore Road, Bailey Island, ME, 04003 | 4.88% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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49 West Shore Road, Bailey Island, ME, 04003 | 4.88% Rental Yield | Ziffy

For Sale

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

Total monthly income runs $2,640/mo, and a $3,177/mo payment. Purchase price stands at $649,000, and rental yield measures 4.88% with $2,640/mo rent. Return on cash invested shows 11.73% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 59.18% and total cumulative return in cash records $126,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $3,177/mo payment rather than investor’s personal income.

Single Family

Built in 1960

10,454 sqft lot

$N/A/sqft

$300 annually HOA

More details about the property

Situated on the rugged western shoreline of Bailey Island, this classic oceanfront cottage offers a rare opportunity to experience quintessential Maine living. Walking distance to several restaurants, and a short drive to Cedar Beach, this location is hard to replicate. Boasting expansive sunset views, this home features two cozy bedrooms, a sunlit living room, and recently renovated bathroom. Step outside to your private deck, where salty breezes and the soothing sound of waves create a peaceful retreat. Perched just steps from the shore, this property offers direct access to a rocky beachideal for launching a kayak for a day on the water. Lovingly maintained and full of rustic character, this cottage offers modern comforts while preserving the charm of a traditional Maine getaway. Whether you seek a summer escape, or a lucrative rental property, this Bailey Island cottage is truly unique.

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

Businesses

Price History

Date	Event	Price
2025-04-30	Listed for sale	$649,000

Tax History

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

Nearby investment properties with comparable rents

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682 sft

1 Cross Street UNIT 437, Gorham, ME, 04038

1 Bed
2 Bath
932 sft

1 Wyeth Way UNIT 307, Falmouth, ME, 04105

2 Bed
2 Bath
1163 sft

30 Dow Street, Portland, ME, 04102

1 Bed
2 Bath
826 sft

1 Wyeth Way UNIT 302, Falmouth, ME, 04105

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3 Bed
2 Bath
1741 sft

170 East Grand Avenue #4, Old Orchard Beach, ME, 04064

2 Bed
1 Bath
999 sft

10 Exchange Street UNIT 410, Portland, ME, 04101

6 Bed
2 Bath
2390 sft

1542 Congress Street, Portland, ME, 04102

1 Bed
1 Bath
770 sft

709 Chandlers Wharf #709, Portland, ME, 04101

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1960
Architectural Style: Cottage
Building Area: 912
Living Area: 912 sqft
Property Condition: N/A

Features & Amenities

Heating: Heat Pump, Forced Air
Cooling: None, Heat Pump
Flooring: Vinyl, Carpet
Interior Features: N/A
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Gravel

Location

City: Bailey Island
State: ME
Subdivision: Bayside Drive Association
Lot Size: 10,454 sqft
Lot Features: Level, Near Public Beach, Neighborhood
View: Scenic

HOA & Fees

HOA Fee: $300 annually
Association Fee: $300 annually
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Private Sewer
Water Source: Private, Well
Road Surface Type: Gravel, Dirt

School Information

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

Listed by: N/A • Engel & Volkers Casco Bay

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1619935

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

49 West Shore Road,Bailey Island,ME,04003

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

49 West Shore RoadBailey IslandME04003