0 Bixby RoadCantonME04221
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 0 Bixby Road, Canton, ME, 04221 in Canton: $1,741/mo in rent, $858/mo net, 14.92% gross yield, all on a $140,000 acquisition. The 2.76 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $38,679 in value, and $1,289/yr in principal paydown steadily builds equity. Projected total cumulative return: $108,324.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.9% | 7.0% |
| Monthly Cash Flow | $858 | $1,200 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,741 |
| Total Monthly Debt Service | $828 |
| DSCR Ratio | 2.10x |
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.
Lot
Built in N/A
58.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04221, Canton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 365 (73.1%) |
| Renter Occupied HU | 84 (16.8%) |
| Vacant Housing Units | 50 (10.0%) |
| Median Home Value | $244,512 |
| Average Home Value | $257,068 |
Housing Distribution
Address Breakdown
Residential
354
Single Family
354
Multi-Family
0
Businesses
21
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
Lot
Built in N/A
58.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04221, Canton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 365 (73.1%) |
| Renter Occupied HU | 84 (16.8%) |
| Vacant Housing Units | 50 (10.0%) |
| Median Home Value | $244,512 |
| Average Home Value | $257,068 |
Housing Distribution
Address Breakdown
Residential
354
Single Family
354
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices