15 Rocky Knoll RoadDenmarkME04022
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
Investment Highlights
Rental property for sale in Denmark at 15 Rocky Knoll Road, Denmark, ME, 04022 priced at $389,000 converts $2,538/mo rent into $83/mo cash flow after a $1,904/mo obligation. Total monthly income equals $2,538/mo, and annual cash flow totals $995/yr on $128,954 invested. Return on cash invested prints 20.68% in year one, and rental yield reads 7.83% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 107.13% and total cumulative return in cash sums $138,150. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,538/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1850
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04022, Denmark, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,106 (100%) |
| Owner Occupied HU | 460 (41.6%) |
| Renter Occupied HU | 45 ( 4.1%) |
| Vacant Housing Units | 601 (54.3%) |
| Median Home Value | $346,237 |
| Average Home Value | $415,337 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices