10 Summer Street #1, Rockport, ME, 04856 | $516/mo Cash Flow

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 Rockport at 10 Summer Street #1, Rockport, ME, 04856 at $289,000 posts ROI 26.37% with $516/mo cash flow from $2,340/mo rent. Total monthly income equals $2,340/mo, and annual cash flow records $6,187/yr on $95,804 to close. Return on cash invested measures 26.37% and rental yield reads 9.72% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 137.65% and total cumulative return in cash totals $131,870.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,340/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1865

0.46 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04856, Rockport, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,160 (100%)
Owner Occupied HU	1,466 (67.9%)
Renter Occupied HU	234 (10.8%)
Vacant Housing Units	460 (21.3%)
Median Home Value	$476,948
Average Home Value	$501,153