212 Ridge RoadPeruME04290
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 212 Ridge Road, Peru, ME, 04290 in Peru. Rental yield 7.46%. The 1.38 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $121,564 and $4,052/yr in principal reduction project total return of $164,297.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 7.2% |
| Monthly Cash Flow | $(43) | $150 |
City averages based on Peru market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,734 |
| Total Monthly Debt Service | $2,602 |
| DSCR Ratio | 1.05x |
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 1978
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04290, Peru, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 959 (100%) |
| Owner Occupied HU | 609 (63.5%) |
| Renter Occupied HU | 67 ( 7.0%) |
| Vacant Housing Units | 283 (29.5%) |
| Median Home Value | $185,069 |
| Average Home Value | $221,589 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
575
Multi-Family
0
Businesses
18
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 1978
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04290, Peru, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 959 (100%) |
| Owner Occupied HU | 609 (63.5%) |
| Renter Occupied HU | 67 ( 7.0%) |
| Vacant Housing Units | 283 (29.5%) |
| Median Home Value | $185,069 |
| Average Home Value | $221,589 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
575
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices