4 Commercial StRockportME04856
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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
Rental property for sale in Rockport at 4 Commercial St, Rockport, ME, 04856 offers $4,062/mo rent that, after a $2,835/mo payment, leaves $406/mo cash flow. Total monthly income is $4,062/mo, and annual cash flow is $4,876/yr on $190,590 cash. Return on cash invested measures 22.62% in year one, and rental yield stands at 8.41% at a $579,300 entry. Equity gained on principal adds $3,738/yr while 5% annual appreciation compounds into $160,050 by year five. Five-year ROI records 117.51% and total cumulative return in cash reaches $223,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,062/mo property income versus a $2,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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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