82 Patriot Way #196, Kennebunkport, ME, 04046 | 6.04% Rental Yield

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82 Patriot Way #196, Kennebunkport, ME, 04046 | 6.04% 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 Kennebunkport at 82 Patriot Way #196, Kennebunkport, ME, 04046 listed at $524,900 pairs $2,640/mo rent with a $2,569/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 15.39% in year one, and rental yield registers 6.04% at a $524,900 basis. Equity gained on principal adds $3,387/yr, and annual property appreciation at 5% supports $145,020 by year five. Five-year ROI tracks 78.72% and total cumulative return in cash totals $135,949. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,569/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2021

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Cape Arundel Cottage Preserve, one of York County's most coveted seasonal communities open April 1 - December 31! This beautiful Birch Loft model is thoughtfully designed with granite countertops and GE Appliances in the kitchen, an inviting gas fireplace in the open living room to take the chill off the Fall evenings, and a conveniently placed first floor primary suite. The home offers beautiful low maintenance vinyl wood plank flooring and cozy carpeting in the bedrooms. With two large bedroom suites and a flexible space, there is plenty of room for friends and family to relax and enjoy all that the community and southern Maine has to offer. Step outside to the large patio and breathe the fresh air in your private back yard oasis, where you will find natural granite outcroppings and a serene wooded setting. Also located just moments away are resort style amenities including a clubhouse with two pools, firebar, fitness center, library and game room. The property offers miles of walking, hiking and biking trails with its proximity to the Eastern Trail adjacent to the site. Start living the ''Maine life'' now and schedule your private showing today.

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