51 Poplar LaneHancockME04640
Nearby investment properties with comparable rents
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 Hancock at 51 Poplar Lane, Hancock, ME, 04640 at $389,000 posts ROI 23.99% with $439/mo cash flow from $2,894/mo rent. Total monthly income equals $2,894/mo, and annual cash flow records $5,267/yr on $128,954 to close. Return on cash invested measures 23.99% and rental yield reads 8.93% at the current $389,000. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 by year five. Five-year ROI prints 124.9% and total cumulative return in cash totals $161,058.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,894/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04640, Hancock, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 798 (56.4%) |
| Renter Occupied HU | 248 (17.5%) |
| Vacant Housing Units | 370 (26.1%) |
| Median Home Value | $317,054 |
| Average Home Value | $384,283 |
Housing Distribution
Address Breakdown
Residential
1,197
Single Family
1,197
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices