150 Middle StreetOld TownME04468
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 150 Middle Street, Old Town, ME, 04468 in Old Town delivers $2,087/mo in gross rent and $395/mo in net monthly income at a $268,000 entry. The 9.34% yield and 1.73 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $74,043 over five years and $2,468/yr in equity from loan paydown, total projected return is $127,268.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $395 | $500 |
City averages based on Old Town market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,087 |
| Total Monthly Debt Service | $1,585 |
| DSCR Ratio | 1.32x |
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 1964
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04468, Old Town, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,815 (100%) |
| Owner Occupied HU | 2,594 (53.9%) |
| Renter Occupied HU | 1,644 (34.1%) |
| Vacant Housing Units | 577 (12.0%) |
| Median Home Value | $218,286 |
| Average Home Value | $246,887 |
Housing Distribution
Address Breakdown
Residential
4,245
Single Family
4,000
Multi-Family
245
Businesses
202
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 1964
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04468, Old Town, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,815 (100%) |
| Owner Occupied HU | 2,594 (53.9%) |
| Renter Occupied HU | 1,644 (34.1%) |
| Vacant Housing Units | 577 (12.0%) |
| Median Home Value | $218,286 |
| Average Home Value | $246,887 |
Housing Distribution
Address Breakdown
Residential
4,245
Single Family
4,000
Multi-Family
245
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1622627
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782