288 Old County RoadRocklandME04841
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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 288 Old County Road, Rockland, ME, 04841 at $295,000 posts ROI 25.43% with $450/mo cash flow from $2,312/mo rent. Total monthly income equals $2,312/mo, and annual cash flow records $5,401/yr on $97,793 to close. Return on cash invested measures 25.43% and rental yield reads 9.4% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 132.66% and total cumulative return in cash totals $129,734.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,312/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.60 Acres 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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