2057 Main StLovellME04051
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2057 Main St, Lovell, ME, 04051 in Lovell earns a 9.39% gross yield at $279,900. Rent of $2,191/mo nets $425/mo after the $1,259/mo mortgage. The 1.74 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $77,331 and $2,578/yr in equity accumulation project a total cumulative return of $133,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.5% |
| Monthly Cash Flow | $425 | $450 |
City averages based on Lovell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,191 |
| Total Monthly Debt Service | $1,655 |
| DSCR Ratio | 1.32x |
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 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04051, Lovell, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,267 (100%) |
| Owner Occupied HU | 457 (36.1%) |
| Renter Occupied HU | 48 ( 3.8%) |
| Vacant Housing Units | 762 (60.1%) |
| Median Home Value | $361,932 |
| Average Home Value | $426,668 |
Housing Distribution
Address Breakdown
Residential
478
Single Family
478
Multi-Family
0
Businesses
43
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 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04051, Lovell, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,267 (100%) |
| Owner Occupied HU | 457 (36.1%) |
| Renter Occupied HU | 48 ( 3.8%) |
| Vacant Housing Units | 762 (60.1%) |
| Median Home Value | $361,932 |
| Average Home Value | $426,668 |
Housing Distribution
Address Breakdown
Residential
478
Single Family
478
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices