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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% |
Investment property for sale in Kennebunkport at 9 Eel Bridge Lane, Kennebunkport, ME, 04046 earns from $3,600/mo rent with a $4,038/mo payment. Total monthly income totals $3,600/mo. ROI tracks 12.96% on current figures, and rental yield reads 5.24% at a $825,000 purchase. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 over five years. Five-year ROI reaches 65.69% and total cumulative return in cash sums $178,305. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,600/mo property income instead of your personal income.
Single Family
Built in 1965
0.70 Acres 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 |
|---|---|---|
| 2024-08-31 | Price change | $825,000 |
| 2024-08-09 | Price change | $899,000 |
| 2024-07-24 | Listed for sale | $989,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | $2723.00 | -1.77% | $453,800 | 57.19% |
| 2021-11-11 | $2772.00 | N/A | $288,700 | N/A |
| 2020-11-11 | $2772.00 | 8.20% | $288,700 | 6.49% |
Listed by: N/A • Pack Maynard and Associates
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1597435
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
