360 Commercial StreetRockportME04856
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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 Rockport at 360 Commercial Street, Rockport, ME, 04856 earns from $2,468/mo rent with a $7,317/mo payment. Total monthly income totals $2,468/mo. ROI tracks 3.11% on current figures, and rental yield reads 1.98% at a $1,495,000 purchase. Equity gained on principal adds $9,647/yr, and 5% annual appreciation supports $413,041 over five years. Five-year ROI reaches 12.83% and total cumulative return in cash sums $62,137. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,468/mo property income instead of your personal income.
Single Family
Built in 1960
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04856, Rockport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,160 (100%) |
| Owner Occupied HU | 1,466 (67.9%) |
| Renter Occupied HU | 234 (10.8%) |
| Vacant Housing Units | 460 (21.3%) |
| Median Home Value | $476,948 |
| Average Home Value | $501,153 |
Housing Distribution
Address Breakdown
Residential
1,517
Single Family
1,517
Multi-Family
0
Businesses
299
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