13 Montgomery AvenueCaribouME04736
INVESTMENT ANALYSIS
Investment Verdict
Solid Income13 Montgomery Avenue, Caribou, ME, 04736 in Caribou is a solid income-producing rental, 9.6% gross yield, $1,359/mo rent, $287/mo net cash flow on a $169,900 buy. DSCR 1.78 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $46,940 and $1,565/yr in principal reduction project a total cumulative return of $83,007.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $287 | $350 |
City averages based on Caribou market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,359 |
| Total Monthly Debt Service | $1,005 |
| DSCR Ratio | 1.35x |
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 1955
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04736, Caribou, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,624 (100%) |
| Owner Occupied HU | 2,972 (64.3%) |
| Renter Occupied HU | 1,143 (24.7%) |
| Vacant Housing Units | 509 (11.0%) |
| Median Home Value | $165,876 |
| Average Home Value | $198,637 |
Housing Distribution
Address Breakdown
Residential
4,025
Single Family
3,779
Multi-Family
246
Businesses
370
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 1955
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04736, Caribou, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,624 (100%) |
| Owner Occupied HU | 2,972 (64.3%) |
| Renter Occupied HU | 1,143 (24.7%) |
| Vacant Housing Units | 509 (11.0%) |
| Median Home Value | $165,876 |
| Average Home Value | $198,637 |
Housing Distribution
Address Breakdown
Residential
4,025
Single Family
3,779
Multi-Family
246
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices