581 Rockland RdSomervilleME04348
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 581 Rockland Rd, Somerville, ME, 04348 in Somerville at $435,000 earns $2,887/mo in rent and nets $142/mo after the $1,956/mo payment, a 7.96% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $120,182 over five years. Ziffy Mortgage underwrites this on a 1.48 DSCR without U.S. credit history. With $4,006/yr in principal paydown, total projected return reaches $174,307.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 7.2% |
| Monthly Cash Flow | $142 | $450 |
City averages based on Somerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,887 |
| Total Monthly Debt Service | $2,572 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04348, Jefferson, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,086 (100%) |
| Owner Occupied HU | 1,314 (63.0%) |
| Renter Occupied HU | 170 ( 8.1%) |
| Vacant Housing Units | 602 (28.9%) |
| Median Home Value | $321,451 |
| Average Home Value | $380,525 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,401
Multi-Family
4
Businesses
42
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
Single Family
Built in 1987
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04348, Jefferson, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,086 (100%) |
| Owner Occupied HU | 1,314 (63.0%) |
| Renter Occupied HU | 170 ( 8.1%) |
| Vacant Housing Units | 602 (28.9%) |
| Median Home Value | $321,451 |
| Average Home Value | $380,525 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,401
Multi-Family
4
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A