444 Main StreetGrand IsleME04746
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 444 Main Street, Grand Isle, ME, 04746 in Grand Isle the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $164,000 price is below income-first thresholds, but 5%/yr value growth projects $45,310 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Grand Isle market data in our database. Property projections are estimates.
Multi Family
Built in 1951
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04746, Grand Isle, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 266 (100%) |
| Owner Occupied HU | 169 (63.5%) |
| Renter Occupied HU | 45 (16.9%) |
| Vacant Housing Units | 52 (19.5%) |
| Median Home Value | $93,750 |
| Average Home Value | $120,237 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
141
Multi-Family
12
Businesses
13
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Multi Family
Built in 1951
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04746, Grand Isle, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 266 (100%) |
| Owner Occupied HU | 169 (63.5%) |
| Renter Occupied HU | 45 (16.9%) |
| Vacant Housing Units | 52 (19.5%) |
| Median Home Value | $93,750 |
| Average Home Value | $120,237 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
141
Multi-Family
12
Businesses
13
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Fields Realty LLC
Mls Name: Maine Listings
Mls ID: #1630303