196 Augusta RdBelmontME04952
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 196 Augusta Rd, Belmont, ME, 04952 in Belmont worth modelling. At $331,700 with a 7.94% gross yield, the $2,195/mo rent leaves $101/mo after the $1,492/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.47 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $91,643 by year five; $3,055/yr in principal reduction adds further equity. Total projected return: $132,514.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.0% |
| Monthly Cash Flow | $101 | $800 |
City averages based on Belmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,195 |
| Total Monthly Debt Service | $1,961 |
| DSCR Ratio | 1.12x |
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 1953
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04952, Morrill, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 792 (79.4%) |
| Renter Occupied HU | 103 (10.3%) |
| Vacant Housing Units | 102 (10.2%) |
| Median Home Value | $256,410 |
| Average Home Value | $283,232 |
Housing Distribution
Address Breakdown
Residential
829
Single Family
829
Multi-Family
0
Businesses
23
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 1953
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04952, Morrill, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 792 (79.4%) |
| Renter Occupied HU | 103 (10.3%) |
| Vacant Housing Units | 102 (10.2%) |
| Median Home Value | $256,410 |
| Average Home Value | $283,232 |
Housing Distribution
Address Breakdown
Residential
829
Single Family
829
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices