450 E Main StreetSearsportME04974
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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 Searsport at 450 E Main Street, Searsport, ME, 04974 priced at $290,000 pairs $1,991/mo rent with $161/mo cash flow after a $1,419/mo payment. Total monthly income equals $1,991/mo, and annual cash flow comes to $1,934/yr on $96,135 invested. Return on cash invested is 21.92% in year one, and rental yield stands at 8.24% on a $290,000 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,122 by year five. Five-year ROI measures 113.83% and total cumulative return in cash reaches $109,432. For financing, Ziffy Mortgage’s DSCR program evaluates $1,991/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: N/A • Maine Country and Coast Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1629296
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782