66 Main StreetCornishME04020
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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
Investment property for sale in Cornish at 66 Main Street, Cornish, ME, 04020 at $175,000 posts ROI 25.35% with $263/mo cash flow from $1,368/mo rent. Total monthly income equals $1,368/mo, and annual cash flow records $3,157/yr on $58,013 to close. Return on cash invested measures 25.35% and rental yield reads 9.38% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 132.27% and total cumulative return in cash totals $76,735.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,368/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1820
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04020, Cornish, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 793 (100%) |
| Owner Occupied HU | 563 (71.0%) |
| Renter Occupied HU | 133 (16.8%) |
| Vacant Housing Units | 97 (12.2%) |
| Median Home Value | $441,195 |
| Average Home Value | $475,133 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
574
Multi-Family
41
Businesses
98
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