6 Chestnut StKennebunkportME04046
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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
Rental property for sale in Kennebunkport at 6 Chestnut St, Kennebunkport, ME, 04046 priced at $1,920,700 converts $6,134/mo rent into after a $9,401/mo obligation. Total monthly income equals $6,134/mo. Return on cash invested prints 8.82% in year one, and rental yield reads 3.83% against a $1,920,700 entry. Equity gained on principal adds $12,394/yr, while 5% annual appreciation compiles into $530,654 by year five. Five-year ROI reaches 43.47% and total cumulative return in cash sums $270,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,134/mo property income covering a $9,401/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04046, Kennebunkport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 3,207 (59.8%) |
| Renter Occupied HU | 482 ( 9.0%) |
| Vacant Housing Units | 1,678 (31.3%) |
| Median Home Value | $661,109 |
| Average Home Value | $817,945 |
Housing Distribution
Address Breakdown
Residential
3,756
Single Family
3,735
Multi-Family
21
Businesses
225
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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