38 Rockwood EstatesWest GardinerME04345
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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 West Gardiner at 38 Rockwood Estates, West Gardiner, ME, 04345 at $499,900 posts ROI 15.56% with from $2,555/mo rent. Total monthly income equals $2,555/mo. Return on cash invested measures 15.56% and rental yield reads 6.13% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 79.69% and total cumulative return in cash totals $132,060. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,555/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04345, Gardiner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,801 (100%) |
| Owner Occupied HU | 4,061 (70.0%) |
| Renter Occupied HU | 1,215 (20.9%) |
| Vacant Housing Units | 525 ( 9.1%) |
| Median Home Value | $247,937 |
| Average Home Value | $268,862 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,274
Multi-Family
160
Businesses
297
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Listed by: N/A • Rizzo Mattson
Mls Name: Maine Listings
Mls ID: #1638907