29 Highland TerMonmouthME04259
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 29 Highland Ter, Monmouth, ME, 04259 in Monmouth. At $454,200 it earns $3,480/mo in rent and distributes $613/mo to the owner after the $2,042/mo payment, a consistent 9.19% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $125,487 in value; $4,183/yr in principal paydown compounds ownership stake. Total projected return: $211,979.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.5% |
| Monthly Cash Flow | $613 | $450 |
City averages based on Monmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,480 |
| Total Monthly Debt Service | $2,686 |
| 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 1970
6.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04259, Monmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,137 (66.5%) |
| Renter Occupied HU | 156 ( 9.1%) |
| Vacant Housing Units | 416 (24.3%) |
| Median Home Value | $310,430 |
| Average Home Value | $348,881 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,252
Multi-Family
34
Businesses
72
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 1970
6.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04259, Monmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,137 (66.5%) |
| Renter Occupied HU | 156 ( 9.1%) |
| Vacant Housing Units | 416 (24.3%) |
| Median Home Value | $310,430 |
| Average Home Value | $348,881 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,252
Multi-Family
34
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices