1475 Washington StBathME04530
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1475 Washington St, Bath, ME, 04530 in Bath. Rental yield 4.72%. At $929,600 with 4.72% gross yield, current distributions are modest, but the 5% appreciation rate projects $256,831 in new equity by year five, complemented by $8,562/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.88) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $210,900.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 7.0% |
| Monthly Cash Flow | $(2,209) | $450 |
City averages based on Bath market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,658 |
| Total Monthly Debt Service | $5,497 |
| DSCR Ratio | 0.67x |
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 1825
0.33 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 1825
0.33 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