182 Dover RoadCharlestonME04422
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play182 Dover Road, Charleston, ME, 04422 in Charleston is priced for appreciation, not yield. Rental yield 3.93%. At $275,000 with a 3.93% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $75,977 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.73) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $50,655.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.3% |
| Monthly Cash Flow | $(836) | $750 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $900 |
| Total Monthly Debt Service | $1,626 |
| DSCR Ratio | 0.55x |
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 1990
8.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04422, Charleston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 408 (68.0%) |
| Renter Occupied HU | 115 (19.2%) |
| Vacant Housing Units | 77 (12.8%) |
| Median Home Value | $301,205 |
| Average Home Value | $419,896 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
461
Multi-Family
16
Businesses
15
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 1990
8.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04422, Charleston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 408 (68.0%) |
| Renter Occupied HU | 115 (19.2%) |
| Vacant Housing Units | 77 (12.8%) |
| Median Home Value | $301,205 |
| Average Home Value | $419,896 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
461
Multi-Family
16
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Allied Realty
Mls Name: Maine Listings
Mls ID: #1628853