11 Cottage StreetVinalhavenME04863
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 11 Cottage Street, Vinalhaven, ME, 04863 in Vinalhaven. Rental yield 0%. At $305,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $84,266 in new equity by year five, complemented by $2,809/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.0% |
| Monthly Cash Flow | $0 | $800 |
City averages based on Vinalhaven market data in our database. Property projections are estimates.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04863, Vinalhaven, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 480 (36.6%) |
| Renter Occupied HU | 162 (12.3%) |
| Vacant Housing Units | 670 (51.1%) |
| Median Home Value | $517,045 |
| Average Home Value | $621,682 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
418
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04863, Vinalhaven, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 480 (36.6%) |
| Renter Occupied HU | 162 (12.3%) |
| Vacant Housing Units | 670 (51.1%) |
| Median Home Value | $517,045 |
| Average Home Value | $621,682 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
418
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Maine Listings
Mls ID: #1651299