86 Farragut Way #86, Kennebunk, ME, 04043 | 5.43% Rental Yield

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86 Farragut Way #86, Kennebunk, ME, 04043 | 5.43% 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 Kennebunk at 86 Farragut Way #86, Kennebunk, ME, 04043 earns from $2,400/mo rent with a $2,594/mo payment. Total monthly income totals $2,400/mo. ROI tracks 13.56% on current figures, and rental yield reads 5.43% at a $529,900 purchase. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,402 over five years. Five-year ROI reaches 68.93% and total cumulative return in cash sums $120,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.

Condo

Built in 2000

15.65 Acres lot

$N/A/sqft

No HOA

More details about the property

Located in the beautifully maintained 55+ community of The Farragut, this updated condo combines comfort, style, and convenience. The spacious open layout features hardwood floors, a gas fireplace, and a bright great room and dining areaperfect for entertaining or relaxing. Recent upgrades include four Mitsubishi mini splits for heat and AC, fresh paint, new blinds, modern fixtures, and ceiling fans throughout. The renovated kitchen boasts granite counters, marble backsplash, new appliances, and sleek cabinetry. Both bedrooms have new carpet, with the primary suite offering a private full bath and a second full bath for guests. A rare highlight is the 367 sq. ft. loftideal as an office, studio, or guest space. Enjoy your three-season sunroom with Hunter Douglas blinds and peaceful pond views. Additional perks include an attached garage with built-in storage, plus full access to The Farragut Inn's amenities: an indoor pool, fitness room, library, kitchen, and elegant common areas. Just minutes from shops, banks, pharmacies, and more, this is a rare opportunity in a vibrant, welcoming community. Offers are due by Tuesday, 6/24/25 at 8pm and will be reviewed Wednesday, 6/25/25.