159 Ocean AveSorrentoME04677
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 159 Ocean Ave, Sorrento, ME, 04677 in Sorrento is straightforward: $130,000 in, $1,022/mo in rent, $202/mo out after debt service. The 9.43% gross yield and 1.75 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $35,917 by year five. With $1,197/yr in principal equity, the total cumulative return is projected at $62,321.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 4.1% |
| Monthly Cash Flow | $202 | $400 |
City averages based on Sorrento market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,022 |
| Total Monthly Debt Service | $769 |
| DSCR Ratio | 1.33x |
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 2016
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04677, Sorrento, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 338 (100%) |
| Owner Occupied HU | 143 (42.3%) |
| Renter Occupied HU | 11 ( 3.3%) |
| Vacant Housing Units | 184 (54.4%) |
| Median Home Value | $302,381 |
| Average Home Value | $375,629 |
Housing Distribution
Address Breakdown
Residential
179
Single Family
179
Multi-Family
0
Businesses
7
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 2016
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04677, Sorrento, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 338 (100%) |
| Owner Occupied HU | 143 (42.3%) |
| Renter Occupied HU | 11 ( 3.3%) |
| Vacant Housing Units | 184 (54.4%) |
| Median Home Value | $302,381 |
| Average Home Value | $375,629 |
Housing Distribution
Address Breakdown
Residential
179
Single Family
179
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices