9 Franklin StreetRocklandME04841
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 Rockland at 9 Franklin Street, Rockland, ME, 04841 listed at $325,000 pairs $3,136/mo rent with a $1,591/mo payment to leave $1,085/mo cash flow. Total monthly income runs $3,136/mo, and annual cash flow reaches $13,015/yr on $107,738 cash to close. Return on cash invested measures 31.99% in year one, and rental yield registers 11.58% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 167.8% and total cumulative return in cash totals $180,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,136/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1907
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04841, Rockland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,077 (100%) |
| Owner Occupied HU | 2,017 (49.5%) |
| Renter Occupied HU | 1,533 (37.6%) |
| Vacant Housing Units | 527 (12.9%) |
| Median Home Value | $278,434 |
| Average Home Value | $370,031 |
Housing Distribution
Address Breakdown
Residential
3,573
Single Family
3,344
Multi-Family
229
Businesses
628
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices