11 C StreetBangorME04401
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 11 C Street, Bangor, ME, 04401 in Bangor clears it at 1.65, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.4%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $45,559; $1,382/yr in principal equity; total projected return: $75,696.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.2% |
| Monthly Cash Flow | $(309) | $850 |
City averages based on Bangor market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,292 |
| Total Monthly Debt Service | $1,015 |
| DSCR Ratio | 1.27x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04401, Bangor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,989 (100%) |
| Owner Occupied HU | 11,478 (52.2%) |
| Renter Occupied HU | 8,838 (40.2%) |
| Vacant Housing Units | 1,673 ( 7.6%) |
| Median Home Value | $297,425 |
| Average Home Value | $331,226 |
Housing Distribution
Address Breakdown
Residential
20,842
Single Family
18,666
Multi-Family
2,176
Businesses
2,184
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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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