479 Rockwood RoadGreenvilleME04441
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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
Investment Highlights
Investment property for sale in Greenville at 479 Rockwood Road, Greenville, ME, 04441 offers a 11.5% rental yield on a $234,000 purchase with $2,242/mo rent. Total monthly income registers $2,242/mo, and a $1,145/mo payment leaves $766/mo available for distribution. Annual cash flow reaches $9,186/yr on $77,571 to close, and return on cash invested stands at 31.75% in year one. Equity gained on principal adds $1,510/yr while 5% annual appreciation supports $64,650 over five years. Portfolio math shows five-year ROI at 166.53% and total cumulative return in cash at $129,183. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,242/mo property income against a $1,145/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04441, Greenville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,342 (100%) |
| Owner Occupied HU | 675 (28.8%) |
| Renter Occupied HU | 195 ( 8.3%) |
| Vacant Housing Units | 1,472 (62.9%) |
| Median Home Value | $277,381 |
| Average Home Value | $426,063 |
Housing Distribution
Address Breakdown
Residential
312
Single Family
312
Multi-Family
0
Businesses
111
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Listed by: N/A • Moose Country Real Estate
Mls Name: Maine Listings
Mls ID: #1629982