410 Main StreetRocklandME04841
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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 Rockland at 410 Main Street, Rockland, ME, 04841 priced at $1,895,000 pairs $3,356/mo rent with after a $9,275/mo payment. Total monthly income equals $3,356/mo. Return on cash invested is 3.55% in year one, and rental yield stands at 2.13% on a $1,895,000 basis. Equity gained on principal adds $12,228/yr, and 5% annual appreciation accumulates to $523,554 by year five. Five-year ROI measures 15.21% and total cumulative return in cash reaches $93,365. For financing, Ziffy Mortgage’s DSCR program evaluates $3,356/mo property income against a $9,275/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1860
6,534 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
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