1163 Main StreetMonmouthME04259
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1163 Main Street, Monmouth, ME, 04259 in Monmouth deserves attention. This $134,000 property earns $2,453/mo in rent, a 21.97% gross yield, and nets $1,607/mo after the $603/mo payment. DSCR 4.07 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $37,022 compounds alongside $1,234/yr in yearly equity build, for a total cumulative return of $154,342.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22% | 7.5% |
| Monthly Cash Flow | $1,607 | $450 |
City averages based on Monmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,453 |
| Total Monthly Debt Service | $792 |
| DSCR Ratio | 3.10x |
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 1890
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04259, Monmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,137 (66.5%) |
| Renter Occupied HU | 156 ( 9.1%) |
| Vacant Housing Units | 416 (24.3%) |
| Median Home Value | $310,430 |
| Average Home Value | $348,881 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,252
Multi-Family
34
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 1890
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04259, Monmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,137 (66.5%) |
| Renter Occupied HU | 156 ( 9.1%) |
| Vacant Housing Units | 416 (24.3%) |
| Median Home Value | $310,430 |
| Average Home Value | $348,881 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,252
Multi-Family
34
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices