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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 Kittery at 9 Colony Way, Kittery, ME, 03904 priced at $339,900 pairs $3,468/mo rent with $672/mo cash flow after a $1,664/mo payment. Total monthly income equals $3,468/mo, and annual cash flow comes to $8,070/yr on $112,677 invested. Return on cash invested is 27.07% in year one, and rental yield stands at 12.24% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 143.93% and total cumulative return in cash reaches $162,179. For financing, Ziffy Mortgage’s DSCR program evaluates $3,468/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
$650 monthly HOA
Neighborhood data shown for ZIP Code: 03904, Kittery, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,413 (100%) |
| Owner Occupied HU | 2,410 (54.6%) |
| Renter Occupied HU | 1,466 (33.2%) |
| Vacant Housing Units | 537 (12.2%) |
| Median Home Value | $553,355 |
| Average Home Value | $593,606 |
Residential
4,022
Single Family
3,639
Multi-Family
383
Businesses
437
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Listed for sale | $339,900 |
| 2024-06-28 | Listing removed | N/A |
| 2024-05-13 | Listed for sale | $379,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-15 | N/A | N/A | N/A | N/A |
| 2021-10-15 | N/A | N/A | N/A | N/A |
| 2020-10-15 | N/A | N/A | N/A | N/A |
Listed by: N/A • Signature Homes Real Estate Group, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1605929
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
