29 Cedar StreetDexterME04930
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 29 Cedar Street, Dexter, ME, 04930 in Dexter speaks for itself: 11.83% gross on a $196,500 price, generating $1,516/mo in rent and $697/mo in net income after the $884/mo debt service. DSCR 1.71, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,360 stacks alongside $54,289 in projected five-year appreciation and $1,810/yr in principal reduction. Projected total cumulative return: $92,365.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.0% |
| Monthly Cash Flow | $697 | $400 |
City averages based on Dexter market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,516 |
| Total Monthly Debt Service | $1,162 |
| 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.
Single Family
Built in 1920
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04930, Dexter, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,511 (57.7%) |
| Renter Occupied HU | 532 (20.3%) |
| Vacant Housing Units | 576 (22.0%) |
| Median Home Value | $232,444 |
| Average Home Value | $328,154 |
Housing Distribution
Address Breakdown
Residential
1,991
Single Family
1,904
Multi-Family
87
Businesses
120
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 1920
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04930, Dexter, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,511 (57.7%) |
| Renter Occupied HU | 532 (20.3%) |
| Vacant Housing Units | 576 (22.0%) |
| Median Home Value | $232,444 |
| Average Home Value | $328,154 |
Housing Distribution
Address Breakdown
Residential
1,991
Single Family
1,904
Multi-Family
87
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1620678
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782