281 Cross RoadWashburnME04786
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 281 Cross Road, Washburn, ME, 04786 in Washburn at $647,000, 4.67% gross yield, is a market-growth asset. Rental yield 4.67%. The $2,520/mo rent partially funds the $2,909/mo debt service; the core return is the 5%/yr price growth projected to add $178,754 over five years. Ziffy Mortgage's DSCR mortgage (0.87) 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: $145,114.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 5.2% |
| Monthly Cash Flow | $(1,563) | $350 |
City averages based on Washburn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,520 |
| Total Monthly Debt Service | $3,826 |
| DSCR Ratio | 0.66x |
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 1900
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04786, Washburn, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 593 (68.2%) |
| Renter Occupied HU | 159 (18.3%) |
| Vacant Housing Units | 118 (13.6%) |
| Median Home Value | $138,125 |
| Average Home Value | $216,442 |
Housing Distribution
Address Breakdown
Residential
557
Single Family
509
Multi-Family
48
Businesses
36
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
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04786, Washburn, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 593 (68.2%) |
| Renter Occupied HU | 159 (18.3%) |
| Vacant Housing Units | 118 (13.6%) |
| Median Home Value | $138,125 |
| Average Home Value | $216,442 |
Housing Distribution
Address Breakdown
Residential
557
Single Family
509
Multi-Family
48
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices