57 Hoyts Lane, Ogunquit, ME, 03907 | 1.82% Rental Yield

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57 Hoyts Lane, Ogunquit, ME, 03907 | 1.82% Rental Yield | Ziffy

For Sale

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 57 Hoyts Lane, Ogunquit, ME, 03907 with 5% annual appreciation on a $1,695,000 basis while $2,572/mo rent supports operations. 62% in year one. Equity gained on principal adds $10,938/yr, and five-year appreciation sums $468,297 alongside rental yield of 1.82%. Five-year ROI measures 10.17% and total cumulative return in cash totals $55,845. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,572/mo property income versus a $8,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2021

0.65 Acres lot

$N/A/sqft

No HOA

More details about the property

Contemporary design meets coastal convenience in this stylish single-family home just steps from the Ogunquit River, sandy Ogunquit Beach, and vibrant downtown. Offering thoughtfully designed living space, this residence features three bedrooms and two full baths. The heart of the home is a large, open-concept kitchen with granite countertops, center island, and seamless flow into the dining and living areasperfect for gatherings or relaxed everyday living with lovely views of the Atlantic. Comfort is ensured year-round with efficient mini-splits for heating and cooling, while a tankless Rinnai water heater provides on-demand hot water. Set on a beautifully landscaped lot, this home offers both curb appeal and low-maintenance living. Currently positioned on a shared lot, the property will soon transition to a small condo association, with fees limited to shared driveway upkeep and master liability insurance. The tax amount listed is estimated as there has not yet been a separate tax bill. With an excellent rental history, this is an ideal opportunity to enjoy Ogunquit living in a modern coastal home, close to everything that makes this seaside town so desirable.

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