21 Ocean StreetJonesportME04649
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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
Rental property for sale in Jonesport at 21 Ocean Street, Jonesport, ME, 04649 priced at $639,500 pairs $2,214/mo rent with after a $3,130/mo payment. Total monthly income equals $2,214/mo. Return on cash invested is 9.67% in year one, and rental yield stands at 4.15% on a $639,500 basis. Equity gained on principal adds $4,127/yr, and 5% annual appreciation accumulates to $176,682 by year five. Five-year ROI measures 48.08% and total cumulative return in cash reaches $101,153. For financing, Ziffy Mortgage’s DSCR program evaluates $2,214/mo property income against a $3,130/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04649, Jonesport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 862 (100%) |
| Owner Occupied HU | 456 (52.9%) |
| Renter Occupied HU | 110 (12.8%) |
| Vacant Housing Units | 296 (34.3%) |
| Median Home Value | $224,375 |
| Average Home Value | $277,226 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
362
Multi-Family
1
Businesses
64
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