8 & 2 Kane LaneHarpswellME04079
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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
Investment property for sale in Harpswell at 8 & 2 Kane Lane, Harpswell, ME, 04079 earns from $1,620/mo rent with a $2,619/mo payment. Total monthly income totals $1,620/mo. ROI tracks 8.08% on current figures, and rental yield reads 3.63% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 39.57% and total cumulative return in cash sums $69,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04079, Harpswell, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,341 (100%) |
| Owner Occupied HU | 1,744 (52.2%) |
| Renter Occupied HU | 284 ( 8.5%) |
| Vacant Housing Units | 1,313 (39.3%) |
| Median Home Value | $755,906 |
| Average Home Value | $839,537 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,280
Multi-Family
0
Businesses
74
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