2007 East StreetKingfieldME04947
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2007 East Street, Kingfield, ME, 04947 in Kingfield deserves attention. This $109,000 property earns $3,192/mo in rent, a 35.14% gross yield, and nets $2,433/mo after the $490/mo payment. DSCR 6.51 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $30,115 compounds alongside $1,004/yr in yearly equity build, for a total cumulative return of $198,297.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 35.1% | 6.0% |
| Monthly Cash Flow | $2,433 | $400 |
City averages based on Kingfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,192 |
| Total Monthly Debt Service | $715 |
| DSCR Ratio | 4.46x |
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.
Lot
Built in N/A
0.92 Acres lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04947, Kingfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,099 (100%) |
| Owner Occupied HU | 782 (25.2%) |
| Renter Occupied HU | 148 ( 4.8%) |
| Vacant Housing Units | 2,169 (70.0%) |
| Median Home Value | $288,258 |
| Average Home Value | $327,462 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
821
Multi-Family
40
Businesses
123
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
Lot
Built in N/A
0.92 Acres lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04947, Kingfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,099 (100%) |
| Owner Occupied HU | 782 (25.2%) |
| Renter Occupied HU | 148 ( 4.8%) |
| Vacant Housing Units | 2,169 (70.0%) |
| Median Home Value | $288,258 |
| Average Home Value | $327,462 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
821
Multi-Family
40
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices