1131 Main StreetMount DesertME04660
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1131 Main Street, Mount Desert, ME, 04660 in Mount Desert the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $840,000 price is below income-first thresholds, but 5%/yr value growth projects $232,077 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $800 |
City averages based on Mount Desert market data in our database. Property projections are estimates.
Single Family
Built in 1839
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04660, Mount Desert, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,288 (100%) |
| Owner Occupied HU | 538 (41.8%) |
| Renter Occupied HU | 120 ( 9.3%) |
| Vacant Housing Units | 630 (48.9%) |
| Median Home Value | $534,884 |
| Average Home Value | $615,874 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
549
Multi-Family
0
Businesses
75
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 1839
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04660, Mount Desert, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,288 (100%) |
| Owner Occupied HU | 538 (41.8%) |
| Renter Occupied HU | 120 ( 9.3%) |
| Vacant Housing Units | 630 (48.9%) |
| Median Home Value | $534,884 |
| Average Home Value | $615,874 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
549
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Legacy Properties Sotheby's International Realty
Mls Name: Maine Listings
Mls ID: #1634657