23 Noble StreetBrunswickME04011
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 23 Noble Street, Brunswick, ME, 04011 in Brunswick. At $475,000 it earns $3,654/mo in rent and distributes $656/mo to the owner after the $2,136/mo payment, a consistent 9.23% yield. DSCR 1.71 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $131,234 in value; $4,375/yr in principal paydown compounds ownership stake. Total projected return: $222,626.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.8% |
| Monthly Cash Flow | $656 | $18,500 |
City averages based on Brunswick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,654 |
| Total Monthly Debt Service | $2,809 |
| DSCR Ratio | 1.30x |
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.
Multi Family
Built in 1810
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04011, Brunswick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,568 (100%) |
| Owner Occupied HU | 6,788 (64.2%) |
| Renter Occupied HU | 2,897 (27.4%) |
| Vacant Housing Units | 883 ( 8.4%) |
| Median Home Value | $466,100 |
| Average Home Value | $490,432 |
Housing Distribution
Address Breakdown
Residential
10,296
Single Family
8,410
Multi-Family
1,886
Businesses
1,082
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
Multi Family
Built in 1810
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04011, Brunswick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,568 (100%) |
| Owner Occupied HU | 6,788 (64.2%) |
| Renter Occupied HU | 2,897 (27.4%) |
| Vacant Housing Units | 883 ( 8.4%) |
| Median Home Value | $466,100 |
| Average Home Value | $490,432 |
Housing Distribution
Address Breakdown
Residential
10,296
Single Family
8,410
Multi-Family
1,886
Businesses
1,082
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices