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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bath at 51 Pine Hill Drive #51, Bath, ME, 04530 generates $1,692/mo in rent and, after a $1,175/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,692/mo, and annual cash flow is $2,124/yr on $79,560 invested. Return on cash invested sits at 22.58% in year one, and rental yield is 8.46% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 117.32% and total cumulative return in cash sums $93,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,692/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04530, Bath, ME area.
| 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 |
Residential
5,468
Single Family
5,211
Multi-Family
257
Businesses
441
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls ID: #1632410
