30 W Mills RoadIndustryME04938
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 30 W Mills Road, Industry, ME, 04938 in Industry speaks for itself: 11.65% gross on a $190,000 price, generating $1,844/mo in rent and $645/mo in net income after the $901/mo debt service. DSCR 2.05, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,743 stacks alongside $52,494 in projected five-year appreciation and $1,593/yr in principal reduction. Projected total cumulative return: $110,054.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 7.0% |
| Monthly Cash Flow | $645 | $850 |
City averages based on Industry market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,844 |
| Total Monthly Debt Service | $1,170 |
| DSCR Ratio | 1.58x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04938, Farmington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,048 (100%) |
| Owner Occupied HU | 2,727 (54.0%) |
| Renter Occupied HU | 1,439 (28.5%) |
| Vacant Housing Units | 882 (17.5%) |
| Median Home Value | $271,206 |
| Average Home Value | $352,001 |
Housing Distribution
Address Breakdown
Residential
3,976
Single Family
3,638
Multi-Family
338
Businesses
419
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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
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Nearby investment properties with comparable prices
