6A GROVE Street UNIT 6AKennebunkportME04046
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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
Total monthly income runs $3,120/mo, and a $4,390/mo payment. Purchase price stands at $897,000, and rental yield measures 4.17% with $3,120/mo rent. Return on cash invested shows 7.4% in year one, and 5% annual appreciation builds toward $247,825 over five years. Five-year ROI reaches 36.71% and total cumulative return in cash records $108,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $4,390/mo payment rather than investor’s personal income.
Condo
Built in 2003
27.23 Acres lot
$N/A/sqft
$1,720 quarterly 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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Listed by: N/A • Berkshire Hathaway HomeServices Verani Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1617469
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