20 Washburn Farm Lane #5KitteryME03905
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 20 Washburn Farm Lane #5, Kittery, ME, 03905 in Kittery fits: $1,215,000, 2.61% gross yield, and a projected 5% annual appreciation rate adding $335,682 in value within five years. Rental yield 2.61%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.48) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $11,190/yr in principal paydown and $335,682 in appreciation project a total return of $137,806.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 7.3% |
| Monthly Cash Flow | $(5,028) | $1,200 |
City averages based on Kittery market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,640 |
| Total Monthly Debt Service | $7,185 |
| DSCR Ratio | 0.37x |
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 N/A
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03905, Kittery Point, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,110 (100%) |
| Owner Occupied HU | 825 (74.3%) |
| Renter Occupied HU | 145 (13.1%) |
| Vacant Housing Units | 140 (12.6%) |
| Median Home Value | $680,677 |
| Average Home Value | $788,394 |
Housing Distribution
Address Breakdown
Residential
860
Single Family
860
Multi-Family
0
Businesses
38
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 N/A
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03905, Kittery Point, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,110 (100%) |
| Owner Occupied HU | 825 (74.3%) |
| Renter Occupied HU | 145 (13.1%) |
| Vacant Housing Units | 140 (12.6%) |
| Median Home Value | $680,677 |
| Average Home Value | $788,394 |
Housing Distribution
Address Breakdown
Residential
860
Single Family
860
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices