15 Wadsworth StreetThomastonME04861
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 15 Wadsworth Street, Thomaston, ME, 04861 in Thomaston: $3,600/mo in rent, $350/mo in net income, 8.39% gross yield, 1.55 DSCR, all at $515,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $142,285 in appreciation and $4,743/yr in principal paydown projects total cumulative return of $218,061.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 7.0% |
| Monthly Cash Flow | $350 | $350 |
City averages based on Thomaston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,600 |
| Total Monthly Debt Service | $3,045 |
| DSCR Ratio | 1.18x |
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 1880
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04861, Thomaston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 893 (63.9%) |
| Renter Occupied HU | 337 (24.1%) |
| Vacant Housing Units | 167 (12.0%) |
| Median Home Value | $266,171 |
| Average Home Value | $263,961 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,221
Multi-Family
107
Businesses
146
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 1880
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04861, Thomaston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 893 (63.9%) |
| Renter Occupied HU | 337 (24.1%) |
| Vacant Housing Units | 167 (12.0%) |
| Median Home Value | $266,171 |
| Average Home Value | $263,961 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,221
Multi-Family
107
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices