15 Harbor Drive #15LincolnvilleME04849
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt 1.88, 15 Harbor Drive #15, Lincolnville, ME, 04849 in Lincolnville sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 10.71%. The 10.71% yield is backed by 5% annual appreciation projecting $103,578 in value gain, plus $3,143/yr in principal reduction. Total projected cumulative return: $198,378.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.8% |
| Monthly Cash Flow | $(52) | $850 |
City averages based on Lincolnville market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,346 |
| Total Monthly Debt Service | $2,308 |
| DSCR Ratio | 1.45x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04849, Lincolnville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,797 (100%) |
| Owner Occupied HU | 1,563 (55.9%) |
| Renter Occupied HU | 245 ( 8.8%) |
| Vacant Housing Units | 989 (35.4%) |
| Median Home Value | $368,066 |
| Average Home Value | $500,694 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
2,028
Multi-Family
0
Businesses
92
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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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1679579
