11 Elm StreetLimerickME04048
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 11 Elm Street, Limerick, ME, 04048 in Limerick is straightforward: $359,900 in, $2,599/mo in rent, $328/mo out after debt service. The 8.67% gross yield and 1.61 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $99,434 by year five. With $3,315/yr in principal equity, the total cumulative return is projected at $157,806.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.1% |
| Monthly Cash Flow | $328 | $320 |
City averages based on Limerick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,599 |
| Total Monthly Debt Service | $2,128 |
| DSCR Ratio | 1.22x |
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.
Single Family
Built in 1850
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04048, Limerick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,724 (100%) |
| Owner Occupied HU | 1,147 (66.5%) |
| Renter Occupied HU | 179 (10.4%) |
| Vacant Housing Units | 398 (23.1%) |
| Median Home Value | $332,169 |
| Average Home Value | $370,009 |
Housing Distribution
Address Breakdown
Residential
1,308
Single Family
1,289
Multi-Family
19
Businesses
70
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
Single Family
Built in 1850
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04048, Limerick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,724 (100%) |
| Owner Occupied HU | 1,147 (66.5%) |
| Renter Occupied HU | 179 (10.4%) |
| Vacant Housing Units | 398 (23.1%) |
| Median Home Value | $332,169 |
| Average Home Value | $370,009 |
Housing Distribution
Address Breakdown
Residential
1,308
Single Family
1,289
Multi-Family
19
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices