178 Endicott RoadBelgradeME04917
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 178 Endicott Road, Belgrade, ME, 04917 in Belgrade hard to pass up. The 10.37% gross yield on a $750,000 purchase results in $6,480/mo in rent and $1,697/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.92). Annual cash flow of $20,359, five-year appreciation of $207,211, and $6,908/yr in equity build-up combine for a projected total cumulative return of $394,228.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.5% |
| Monthly Cash Flow | $1,697 | $850 |
City averages based on Belgrade market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,480 |
| Total Monthly Debt Service | $4,485 |
| DSCR Ratio | 1.44x |
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 1989
2 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04917, Belgrade, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,153 (100%) |
| Owner Occupied HU | 1,190 (55.3%) |
| Renter Occupied HU | 169 ( 7.8%) |
| Vacant Housing Units | 794 (36.9%) |
| Median Home Value | $351,793 |
| Average Home Value | $527,197 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
60
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 1989
2 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04917, Belgrade, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,153 (100%) |
| Owner Occupied HU | 1,190 (55.3%) |
| Renter Occupied HU | 169 ( 7.8%) |
| Vacant Housing Units | 794 (36.9%) |
| Median Home Value | $351,793 |
| Average Home Value | $527,197 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices