1 Pleasant Street UNIT 4KennebunkME04043
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1 Pleasant Street UNIT 4, Kennebunk, ME, 04043 in Kennebunk deserves attention. This $342,500 property earns $3,031/mo in rent, a 10.62% gross yield, and nets $585/mo after the $1,540/mo payment. DSCR 1.97 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $94,626 compounds alongside $3,154/yr in yearly equity build, for a total cumulative return of $168,916.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $585 | $800 |
City averages based on Kennebunk market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,031 |
| Total Monthly Debt Service | $2,310 |
| DSCR Ratio | 1.31x |
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.
Condo
Built in 1900
0.25 Acres lot
$N/A/sqft
$285 monthly HOA
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
Condo
Built in 1900
0.25 Acres lot
$N/A/sqft
$285 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices