249 School RoadCharlestonME04422
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 249 School Road, Charleston, ME, 04422 in Charleston at $349,900, 3.09% gross yield, is a market-growth asset. Rental yield 3.09%. The $900/mo rent partially funds the $1,573/mo debt service; the core return is the 5%/yr price growth projected to add $96,671 over five years. Ziffy Mortgage's DSCR mortgage (0.57) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $48,730.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 6.3% |
| Monthly Cash Flow | $(1,308) | $750 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $900 |
| Total Monthly Debt Service | $2,069 |
| DSCR Ratio | 0.43x |
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 1995
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04422, Charleston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 408 (68.0%) |
| Renter Occupied HU | 115 (19.2%) |
| Vacant Housing Units | 77 (12.8%) |
| Median Home Value | $301,205 |
| Average Home Value | $419,896 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
461
Multi-Family
16
Businesses
15
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 1995
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04422, Charleston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 408 (68.0%) |
| Renter Occupied HU | 115 (19.2%) |
| Vacant Housing Units | 77 (12.8%) |
| Median Home Value | $301,205 |
| Average Home Value | $419,896 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
461
Multi-Family
16
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX Infinity
Mls Name: Maine Listings
Mls ID: #1638698