8 Holbrook Drive, Phippsburg, ME, 04562 | 5.34% Rental Yield

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8 Holbrook Drive, Phippsburg, ME, 04562 | 5.34% 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

Rental property for sale in Phippsburg at 8 Holbrook Drive, Phippsburg, ME, 04562 priced at $539,000 pairs $2,400/mo rent with after a $2,638/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 13.28% in year one, and rental yield stands at 5.34% on a $539,000 basis. Equity gained on principal adds $3,478/yr, and 5% annual appreciation accumulates to $148,916 by year five. Five-year ROI measures 67.45% and total cumulative return in cash reaches $119,604. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $2,638/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1989

2.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully landscaped home nestled on a private, wooded 2.25-acre lot in scenic Phippsburg, just minutes from iconic Popham Beach, Sebasco Harbor Resort & Golf Club, the trails of Morse Mountain & Sewall Beach, and the restaurants and shops of downtown Bath, Maine. This turn-key property features 2 bedrooms and 2.5 bathrooms, offering bright, open living spaces with tall ceilings and skylights that flood the interior with natural light. Enjoy outdoor living on the spacious deck, and take advantage of the detached two-car garage (with attic space and heated), plus a convenient carport. The lot is surveyed with a design available to potentially divide into two parcels, offering future opportunity. The walk-out basement is currently set up as a salon and, with town approval, could serve as another business space, home office, or be renovated into an additional living space. A combination of private, function, and flexibility in one of Maine's most picturesque coastal communities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04562, Phippsburg, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,837 (100%)
Owner Occupied HU	897 (48.8%)
Renter Occupied HU	106 ( 5.8%)
Vacant Housing Units	834 (45.4%)
Median Home Value	$443,333
Average Home Value	$508,138