17 Rainbow WayGreenvilleME04441
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 17 Rainbow Way, Greenville, ME, 04441 in Greenville worth study. Rental yield 3.96%. The 3.96% gross yield is below cash-flow benchmarks at $790,000, but 5% annual appreciation, adding $218,262 over five years, frames this as a capital growth position. Rent of $2,604/mo partially offsets the $3,552/mo payment. Ziffy Mortgage finances appreciation-play properties (0.73 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $146,711.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 7.2% |
| Monthly Cash Flow | $(2,382) | $850 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,604 |
| Total Monthly Debt Service | $4,671 |
| DSCR Ratio | 0.56x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2004
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04441, Greenville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,342 (100%) |
| Owner Occupied HU | 675 (28.8%) |
| Renter Occupied HU | 195 ( 8.3%) |
| Vacant Housing Units | 1,472 (62.9%) |
| Median Home Value | $277,381 |
| Average Home Value | $426,063 |
Housing Distribution
Address Breakdown
Residential
312
Single Family
312
Multi-Family
0
Businesses
111
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 2004
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04441, Greenville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,342 (100%) |
| Owner Occupied HU | 675 (28.8%) |
| Renter Occupied HU | 195 ( 8.3%) |
| Vacant Housing Units | 1,472 (62.9%) |
| Median Home Value | $277,381 |
| Average Home Value | $426,063 |
Housing Distribution
Address Breakdown
Residential
312
Single Family
312
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Maine Listings
Mls ID: #1655203