17 Maple StreetVassalboroME04989
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 17 Maple Street, Vassalboro, ME, 04989 in Vassalboro: $1,798/mo in rent, $662/mo net, 11.98% gross yield, all on a $180,000 acquisition. The 2.22 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $49,731 in value, and $1,658/yr in principal paydown steadily builds equity. Projected total cumulative return: $110,959.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.2% |
| Monthly Cash Flow | $662 | $320 |
City averages based on Vassalboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,798 |
| Total Monthly Debt Service | $1,064 |
| DSCR Ratio | 1.69x |
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.
Manufactured
Built in 1993
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04989, Vassalboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,654 (72.4%) |
| Renter Occupied HU | 326 (14.3%) |
| Vacant Housing Units | 306 (13.4%) |
| Median Home Value | $265,233 |
| Average Home Value | $286,267 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,860
Multi-Family
13
Businesses
29
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
Manufactured
Built in 1993
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04989, Vassalboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,654 (72.4%) |
| Renter Occupied HU | 326 (14.3%) |
| Vacant Housing Units | 306 (13.4%) |
| Median Home Value | $265,233 |
| Average Home Value | $286,267 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,860
Multi-Family
13
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Coldwell Banker Plourde Real Estate
Mls Name: Maine Listings
Mls ID: #1644114