1132 Tunk Lake RoadSullivanME04664
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing1132 Tunk Lake Road, Sullivan, ME, 04664 in Sullivan is a stable, well-positioned rental at $699,000. Rental yield 6.91%. DSCR 1.28 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $193,121 in value and $6,438/yr in principal paydown builds equity, a total projected return of $240,357.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 7.5% |
| Monthly Cash Flow | $(389) | $600 |
City averages based on Sullivan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,022 |
| Total Monthly Debt Service | $4,133 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1990
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04664, Sullivan, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 878 (100%) |
| Owner Occupied HU | 471 (53.6%) |
| Renter Occupied HU | 100 (11.4%) |
| Vacant Housing Units | 307 (35.0%) |
| Median Home Value | $335,625 |
| Average Home Value | $385,377 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
527
Multi-Family
0
Businesses
28
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 1990
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04664, Sullivan, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 878 (100%) |
| Owner Occupied HU | 471 (53.6%) |
| Renter Occupied HU | 100 (11.4%) |
| Vacant Housing Units | 307 (35.0%) |
| Median Home Value | $335,625 |
| Average Home Value | $385,377 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
527
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices