384 Point Road, Hancock, ME, 04640 | 5.7% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,038/mo, and a $4,160/mo payment. Purchase price stands at $850,000, and rental yield measures 5.7% with $4,038/mo rent. Return on cash invested shows 14.37% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 73.26% and total cumulative return in cash records $204,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,038/mo property income covering a $4,160/mo payment rather than investor’s personal income.

Single Family

Built in 1860

21.40 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04640, Hancock, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,416 (100%)
Owner Occupied HU	798 (56.4%)
Renter Occupied HU	248 (17.5%)
Vacant Housing Units	370 (26.1%)
Median Home Value	$317,054
Average Home Value	$384,283