17 Lower RoadMinotME04258
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 17 Lower Road, Minot, ME, 04258 in Minot is listed at $423,000 and delivers $3,428/mo in rent and $759/mo in net monthly cash flow. The 9.73% yield and 1.80 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $116,867 over five years, and $3,896/yr in principal reduction supplements cash return. Total projected cumulative return: $209,438.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.5% |
| Monthly Cash Flow | $759 | $280 |
City averages based on Minot market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,428 |
| Total Monthly Debt Service | $2,501 |
| DSCR Ratio | 1.37x |
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 1900
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04258, Minot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,135 (100%) |
| Owner Occupied HU | 964 (84.9%) |
| Renter Occupied HU | 105 ( 9.3%) |
| Vacant Housing Units | 66 ( 5.8%) |
| Median Home Value | $355,172 |
| Average Home Value | $391,457 |
Housing Distribution
Address Breakdown
Residential
1,068
Single Family
1,068
Multi-Family
0
Businesses
37
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 1900
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04258, Minot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,135 (100%) |
| Owner Occupied HU | 964 (84.9%) |
| Renter Occupied HU | 105 ( 9.3%) |
| Vacant Housing Units | 66 ( 5.8%) |
| Median Home Value | $355,172 |
| Average Home Value | $391,457 |
Housing Distribution
Address Breakdown
Residential
1,068
Single Family
1,068
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices