9 Hampton Glen Drive #3, Kennebunk, ME, 04043 | 7.53% Rental Yield

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9 Hampton Glen Drive #3, Kennebunk, ME, 04043 | 7.53% 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 Kennebunk at 9 Hampton Glen Drive #3, Kennebunk, ME, 04043 generates $3,293/mo in rent, after a $2,570/mo payment. Total monthly income is $3,293/mo. Return on cash invested sits at 19.92% in year one, and rental yield is 7.53% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 103.03% and total cumulative return in cash sums $177,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,293/mo property income rather than buyer’s personal income.

Condo

Built in 2001

20 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this move-in ready 2 bedroom 2 bath condo in a sought-after neighborhood with miles of walking space and a welcoming community atmosphere. The first floor features a freshly painted primary bedroom/bath with convenient first-floor laundry and an open dining/living area filled with natural light. Enjoy year-round comfort in the three-season sun porch with a propane heater, which leads directly to a private patio, perfect for grilling & outdoor gatherings. Upstairs, the loft offers brand-new laminate flooring, built-in shelving, and flexible space ideal for a home office or additional entertainment area. The second primary bedroom boasts new carpeting and new bathroom flooring. Additional highlights include a one-car garage with direct entry, a full dry basement for storage, and recent upgrades such as a two-zone heat pump, hot water heater, and dishwasher. Located close to beaches, restaurants, shopping, downtown, and the turnpike, this turnkey condo combines comfort, convenience & community. Open House Saturday10/11, 11-1