L19 M79 Birch Island EHarpswellME04079
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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
Investment Highlights
Investment property for sale in Harpswell at L19 M79 Birch Island E, Harpswell, ME, 04079 uses $76,742 cash to close to unlock $16,308/yr annual cash flow and $1,359/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $1,133/mo payment keeps the spread at $1,359/mo. Purchase price stands at $231,500, and rental yield measures 14.62% with $2,820/mo rent. Return on cash invested shows 41.16% in year one, and 5% annual appreciation builds toward $63,959 over five years. Five-year ROI reaches 217.04% and total cumulative return in cash records $166,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $1,133/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.46 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04079, Harpswell, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,341 (100%) |
| Owner Occupied HU | 1,744 (52.2%) |
| Renter Occupied HU | 284 ( 8.5%) |
| Vacant Housing Units | 1,313 (39.3%) |
| Median Home Value | $755,906 |
| Average Home Value | $839,537 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,280
Multi-Family
0
Businesses
74
Price History
Date | Event | Price |
|---|---|---|
| 2025-10-02 | Sold | $231,500 |
| 2025-09-10 | Contingent | $234,000 |
| 2025-08-11 | Price change | $234,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2020
- Architectural Style: Camp,Other
- Building Area: 1,040
- Living Area: 1,040 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Stove, Wood Stove
- Cooling: None
- Flooring: Composition, Wood
- Interior Features: 1st Floor Bedroom
- Exterior Features: N/A
- Parking Features: No Driveway, None
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: None, Septic Design Available, Septic Needed
- Water Source: Private, Seasonal
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1618543
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782