96 Atlantic Avenue #C-1, Boothbay Harbor, ME, 04538 | $46/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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96 Atlantic Avenue #C-1, Boothbay Harbor, ME, 04538 | $46/mo Cash Flow | 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 Boothbay Harbor at 96 Atlantic Avenue #C-1, Boothbay Harbor, ME, 04538 earns $46/mo cash flow from $3,360/mo rent with a $2,570/mo payment. Total monthly income totals $3,360/mo, and annual cash flow totals $555/yr on $172,725 capital. ROI tracks 20.38% on current figures, and rental yield reads 7.68% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 105.52% and total cumulative return in cash sums $182,265. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,360/mo property income instead of your personal income.

Condo

Built in 1983

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Located on the east side of the harbor, this 2-3 bedroom, 2.5 bath townhouse is the only one there is with a wrap-around deck - giving you a sunny spot to have your morning coffee and a beautiful place to sit the rest of the day, watching all of the boating activity in Boothbay Harbor. Laminate wood flooring has been installed in the living/dining area and a major bathroom renovation in 2015 includes a large tiled shower, tile floor and a sink vanity with a marble top. The mostly finished basement level has an office/3rd bedroom, full bath, laundry and workshop area. Gorgeous westerly sunset views can be enjoyed from most rooms! Inground swimming pool is an added amenity only enjoyed at this condo development.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04538, Boothbay Harbor, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,057 (100%)
Owner Occupied HU	692 (33.6%)
Renter Occupied HU	331 (16.1%)
Vacant Housing Units	1,034 (50.3%)
Median Home Value	$456,164
Average Home Value	$625,040