38 Linden StRocklandME04841
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rockland at 38 Linden St, Rockland, ME, 04841 priced at $672,200 converts $3,418/mo rent into after a $3,290/mo obligation. Total monthly income equals $3,418/mo. Return on cash invested prints 15.59% in year one, and rental yield reads 6.1% against a $672,200 entry. Equity gained on principal adds $4,338/yr, while 5% annual appreciation compiles into $185,716 by year five. Five-year ROI reaches 79.8% and total cumulative return in cash sums $176,472. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,418/mo property income covering a $3,290/mo payment, not borrower’s personal income.
Multi Family
Built in 1882
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices