113 Dummer StreetBathME04530
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 113 Dummer Street, Bath, ME, 04530 in Bath at $229,000 earns $1,641/mo in rent and nets $196/mo after the $1,030/mo payment, a 8.6% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $63,268 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $2,109/yr in principal paydown, total projected return reaches $99,546.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $196 | $450 |
City averages based on Bath market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,641 |
| Total Monthly Debt Service | $1,354 |
| DSCR Ratio | 1.21x |
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 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04530, Bath, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,152 (100%) |
| Owner Occupied HU | 3,485 (56.6%) |
| Renter Occupied HU | 1,955 (31.8%) |
| Vacant Housing Units | 712 (11.6%) |
| Median Home Value | $374,912 |
| Average Home Value | $480,148 |
Housing Distribution
Address Breakdown
Residential
5,468
Single Family
5,211
Multi-Family
257
Businesses
441
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 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04530, Bath, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,152 (100%) |
| Owner Occupied HU | 3,485 (56.6%) |
| Renter Occupied HU | 1,955 (31.8%) |
| Vacant Housing Units | 712 (11.6%) |
| Median Home Value | $374,912 |
| Average Home Value | $480,148 |
Housing Distribution
Address Breakdown
Residential
5,468
Single Family
5,211
Multi-Family
257
Businesses
441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices