6 W Main Street, Searsport, ME, 04974 | $1,044/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6 W Main Street, Searsport, ME, 04974 | $1,044/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Searsport at 6 W Main Street, Searsport, ME, 04974 uses $131,937 cash to close to unlock $12,530/yr annual cash flow and $1,044/mo monthly cash flow. Total monthly income runs $3,556/mo, and a $1,948/mo payment keeps the spread at $1,044/mo. Purchase price stands at $398,000, and rental yield measures 10.72% with $3,556/mo rent. Return on cash invested shows 29.41% in year one, and 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 153.96% and total cumulative return in cash records $203,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,556/mo property income covering a $1,948/mo payment rather than investor’s personal income.

Single Family

Built in 1849

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Renovated 1849 Cape in the Heart of Searsport Just steps from the wharf and downtown Searsport, this recently renovated 1849 Cape offers the charm of a lovely old house with the ease of modern living. The updates are extensive, including new systems, completely redone bathrooms, and fresh finishes throughout, while the home's original warmth and character have been preserved. Inside, you'll find light-filled rooms, a flexible layout, and a surprisingly spacious feel for a classic Cape. The kitchen includes one of the home's original treasures: a deep pantry with beautifully preserved swinging shelves - a practical, charming nod to the past. Two oversized garages sit just out back, offering masses of room for vehicles, tools, or toys. One includes a full second level, ideal for a workshop, studio, or extra storage. From here, it's an easy walk to the water, grocery store, Mosman Park, and all the local favorites in downtown Searsport.