11 Merrill DriveHarrisonME04040
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 11 Merrill Drive, Harrison, ME, 04040 in Harrison hard to pass up. The 10.09% gross yield on a $575,000 purchase results in $4,834/mo in rent and $1,180/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.87). Annual cash flow of $14,156, five-year appreciation of $158,862, and $5,296/yr in equity build-up combine for a projected total cumulative return of $295,879.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.5% |
| Monthly Cash Flow | $1,180 | $850 |
City averages based on Harrison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,834 |
| Total Monthly Debt Service | $3,400 |
| DSCR Ratio | 1.42x |
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 2004
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04040, Harrison, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 1,211 (53.5%) |
| Renter Occupied HU | 167 ( 7.4%) |
| Vacant Housing Units | 884 (39.1%) |
| Median Home Value | $394,099 |
| Average Home Value | $479,492 |
Housing Distribution
Address Breakdown
Residential
1,461
Single Family
1,461
Multi-Family
0
Businesses
72
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 2004
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04040, Harrison, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 1,211 (53.5%) |
| Renter Occupied HU | 167 ( 7.4%) |
| Vacant Housing Units | 884 (39.1%) |
| Median Home Value | $394,099 |
| Average Home Value | $479,492 |
Housing Distribution
Address Breakdown
Residential
1,461
Single Family
1,461
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices