638 E Shore Drive, Acton, ME, 04001 | 4.27% Rental Yield

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638 E Shore Drive, Acton, ME, 04001 | 4.27% 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 Acton at 638 E Shore Drive, Acton, ME, 04001 listed at $1,229,000 pairs $4,376/mo rent with a $6,015/mo payment. Total monthly income runs $4,376/mo. Return on cash invested measures 10.18% in year one, and rental yield registers 4.27% at a $1,229,000 basis. Equity gained on principal adds $7,931/yr, and annual property appreciation at 5% supports $339,550 by year five. Five-year ROI tracks 50.75% and total cumulative return in cash totals $202,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,376/mo property income relative to a $6,015/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2006

0.92 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 638 East Shore Drive, a stunning property, offering 228 feet of beautiful waterfront on Loon Pond. This beautiful gem, sits on nearly an acre with the privacy you've been looking for. A truly remarkable property, offering eight rooms, three bedrooms, and three bathrooms, providing you with a perfect retreat for you and your guests. You'll immediately feel the warmth and comfort this home exudes as you enter. The open-concept living and kitchen area is bathed in natural light, with windows on all sides framing breathtaking views of the lake. The striking cathedral ceilings create a spacious, airy atmosphere that any cooking enthusiast will cherish. Picture yourself preparing meals in the chef's kitchen, with granite countertops and modern appliances, while enjoying a stunning natural backdrop. The first-floor primary bedroom will be your sanctuary, featuring a full bath and a generous closet. Step outside to the wraparound deck, ideal for summer barbecues or serene evenings under the stars. This home seamlessly blends comfort and spaciousness, making it perfect for entertaining or unwinding in peace. Embrace the wonderful lifestyle of swimming, kayaking, or simply unwinding while soaking in the picturesque lake views. This year-round residence allows you to fully experience the beauty of every season. The landscaped grounds are adorned with vibrant flower beds and equipped with an efficient irrigation system. Additional features include a garage, a security system, a shed, an outdoor shower, and the practicality of a first-floor laundry. Conveniently located an hour and a half from Boston and just 45 minutes from nearby beaches and Conway, this home promises tranquility and accessibility. Embrace the lifestyle you've been dreaming of at Loon Pond.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04001, Acton, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,371 (100%)
Owner Occupied HU	1,128 (47.6%)
Renter Occupied HU	97 ( 4.1%)
Vacant Housing Units	1,146 (48.3%)
Median Home Value	$513,075
Average Home Value	$567,934