10 Summer Street UNIT 5RockportME04856
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderRental yield 7.5%. No single metric is exceptional, but the combination offers a durable, low-volatility return profile suitable for risk-conscious global investors. Ziffy Mortgage's mortgage qualifies on DSCR alone, no U.S. credit history required. Five-year appreciation adds $100,843, and $3,362/yr in principal equity projects total return of $116,328.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.0% |
| Monthly Cash Flow | $(370) | $800 |
City averages based on Rockport market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,280 |
| Total Monthly Debt Service | $2,504 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1865
0.46 Acres lot
$N/A/sqft
$346 monthly 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 |
Housing Distribution
Address Breakdown
Residential
1,517
Single Family
1,517
Multi-Family
0
Businesses
299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1865
0.46 Acres lot
$N/A/sqft
$346 monthly 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 |
Housing Distribution
Address Breakdown
Residential
1,517
Single Family
1,517
Multi-Family
0
Businesses
299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Camden Real Estate Company
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1615919
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