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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Kennebunkport at 8 Arlington St APT A1, Kennebunkport, ME, 04046 priced at $496,600 converts $2,015/mo rent into after a $2,431/mo obligation. Total monthly income equals $2,015/mo. Return on cash invested prints 11.75% in year one, and rental yield reads 4.87% against a $496,600 entry. Equity gained on principal adds $3,204/yr, while 5% annual appreciation compiles into $137,201 by year five. Five-year ROI reaches 59.25% and total cumulative return in cash sums $97,544. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,015/mo property income covering a $2,431/mo payment, not borrower’s personal income.
Condo
Built in 1890
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04046, Kennebunkport, ME area.
| 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 |
Residential
3,756
Single Family
3,735
Multi-Family
21
Businesses
225
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Listing removed | $685,000 |
| 2025-01-09 | Listed for sale | $685,000 |
| 2024-09-12 | Listing removed | $685,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $1639.00 | 4.00% | $252,100 | N/A |
| 2023-10-31 | $1576.00 | 4.16% | $252,100 | N/A |
| 2022-10-31 | $1513.00 | -17.50% | $252,100 | 31.99% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
