20 Hawk WayEliotME03903
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 20 Hawk Way, Eliot, ME, 03903 in Eliot achieves 1.78, rent of $950/mo covers the $535/mo payment 1.5x over at $119,000. Rental yield 9.58%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $32,878 over five years, with $1,096/yr in principal reduction bringing total projected return to $23,945.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.5% |
| Monthly Cash Flow | $(369) | $1,750 |
City averages based on Eliot market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $950 |
| Total Monthly Debt Service | $1,272 |
| DSCR Ratio | 0.75x |
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.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
$568 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03903, Eliot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 2,494 (80.8%) |
| Renter Occupied HU | 419 (13.6%) |
| Vacant Housing Units | 172 ( 5.6%) |
| Median Home Value | $606,849 |
| Average Home Value | $638,798 |
Housing Distribution
Address Breakdown
Residential
2,864
Single Family
2,756
Multi-Family
108
Businesses
248
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
Manufactured
Built in 1974
N/A lot
$N/A/sqft
$568 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03903, Eliot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 2,494 (80.8%) |
| Renter Occupied HU | 419 (13.6%) |
| Vacant Housing Units | 172 ( 5.6%) |
| Median Home Value | $606,849 |
| Average Home Value | $638,798 |
Housing Distribution
Address Breakdown
Residential
2,864
Single Family
2,756
Multi-Family
108
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX Shoreline
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1611620
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782