19 Purchase StreetRocklandME04841
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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 Purchase Street, Rockland, ME, 04841 earns $132/mo cash flow from $1,704/mo rent with a $1,219/mo payment. Total monthly income totals $1,704/mo, and annual cash flow totals $1,587/yr on $82,544 capital. ROI tracks 21.83% on current figures, and rental yield reads 8.21% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 113.35% and total cumulative return in cash sums $93,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,704/mo property income instead of your personal income.
Manufactured
Built in 1998
3,049 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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