19 BroadwayRocklandME04841
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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
Investment Highlights
Investment property for sale in Rockland at 19 Broadway, Rockland, ME, 04841 uses $124,313 cash to close to unlock $9,237/yr annual cash flow and $770/mo monthly cash flow. Total monthly income runs $3,136/mo, and a $1,835/mo payment keeps the spread at $770/mo. Purchase price stands at $375,000, and rental yield measures 10.04% with $3,136/mo rent. Return on cash invested shows 27.34% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 142.85% and total cumulative return in cash records $177,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,136/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1986
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04841, Rockland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,077 (100%) |
| Owner Occupied HU | 2,017 (49.5%) |
| Renter Occupied HU | 1,533 (37.6%) |
| Vacant Housing Units | 527 (12.9%) |
| Median Home Value | $278,434 |
| Average Home Value | $370,031 |
Housing Distribution
Address Breakdown
Residential
3,573
Single Family
3,344
Multi-Family
229
Businesses
628
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