18 School StreetMonticelloME04760
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 18 School Street, Monticello, ME, 04760 in Monticello is narrow, $182/mo net on $1,002/mo rent after the $584/mo debt service, but the property operates at break-even-plus, not a loss. At $129,900 with a 9.26% yield, the long-run equity case via 5% appreciation ($35,889 over five years) and $1,196/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.72 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $61,052.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $182 | $850 |
City averages based on Monticello market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,002 |
| Total Monthly Debt Service | $768 |
| DSCR Ratio | 1.30x |
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 1920
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04760, Monticello, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 384 (100%) |
| Owner Occupied HU | 269 (70.1%) |
| Renter Occupied HU | 53 (13.8%) |
| Vacant Housing Units | 62 (16.1%) |
| Median Home Value | $219,118 |
| Average Home Value | $352,993 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
187
Multi-Family
15
Businesses
20
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 1920
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04760, Monticello, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 384 (100%) |
| Owner Occupied HU | 269 (70.1%) |
| Renter Occupied HU | 53 (13.8%) |
| Vacant Housing Units | 62 (16.1%) |
| Median Home Value | $219,118 |
| Average Home Value | $352,993 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
187
Multi-Family
15
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • First Choice Real Estate
Mls Name: Maine Listings
Mls ID: #1634157