281 Narragansett TrailBuxtonME04093
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Buxton rentals match the income profile of 281 Narragansett Trail, Buxton, ME, 04093. Listed at $400,000, gross rent is $3,503/mo and net cash flow is $978/mo, a 10.51% yield well above national averages. DSCR 1.95 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $110,513 by year five with $3,684/yr in annual principal reduction, projecting $214,882 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.0% |
| Monthly Cash Flow | $978 | $800 |
City averages based on Buxton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,503 |
| Total Monthly Debt Service | $2,365 |
| DSCR Ratio | 1.48x |
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 1800
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04093, Buxton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,619 (100%) |
| Owner Occupied HU | 2,911 (80.4%) |
| Renter Occupied HU | 522 (14.4%) |
| Vacant Housing Units | 186 ( 5.1%) |
| Median Home Value | $459,150 |
| Average Home Value | $575,428 |
Housing Distribution
Address Breakdown
Residential
3,280
Single Family
3,280
Multi-Family
0
Businesses
110
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 1800
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04093, Buxton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,619 (100%) |
| Owner Occupied HU | 2,911 (80.4%) |
| Renter Occupied HU | 522 (14.4%) |
| Vacant Housing Units | 186 ( 5.1%) |
| Median Home Value | $459,150 |
| Average Home Value | $575,428 |
Housing Distribution
Address Breakdown
Residential
3,280
Single Family
3,280
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices