6 Gosse's Hill RoadCamdenME04843
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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 Camden at 6 Gosse's Hill Road, Camden, ME, 04843 offers $3,661/mo rent that, after a $2,937/mo payment. Total monthly income is $3,661/mo. Return on cash invested measures 19.29% in year one, and rental yield stands at 7.32% at a $600,000 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 99.67% and total cumulative return in cash reaches $196,740. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,661/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04843, Camden, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,422 (100%) |
| Owner Occupied HU | 1,801 (52.6%) |
| Renter Occupied HU | 786 (23.0%) |
| Vacant Housing Units | 835 (24.4%) |
| Median Home Value | $475,000 |
| Average Home Value | $599,273 |
Housing Distribution
Address Breakdown
Residential
2,792
Single Family
2,579
Multi-Family
213
Businesses
413
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