323 Main St SSearsmontME04973
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 323 Main St S, Searsmont, ME, 04973 in Searsmont deserves attention. This $139,800 property earns $2,316/mo in rent, a 19.88% gross yield, and nets $1,414/mo after the $629/mo payment. DSCR 3.68 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $38,624 compounds alongside $1,288/yr in yearly equity build, for a total cumulative return of $144,187.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.9% | 6.5% |
| Monthly Cash Flow | $1,414 | $1,100 |
City averages based on Searsmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,316 |
| Total Monthly Debt Service | $846 |
| DSCR Ratio | 2.74x |
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 1992
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04973, Searsmont, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 518 (70.8%) |
| Renter Occupied HU | 76 (10.4%) |
| Vacant Housing Units | 138 (18.9%) |
| Median Home Value | $281,343 |
| Average Home Value | $304,020 |
Housing Distribution
Address Breakdown
Residential
576
Single Family
576
Multi-Family
0
Businesses
29
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 1992
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04973, Searsmont, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 518 (70.8%) |
| Renter Occupied HU | 76 (10.4%) |
| Vacant Housing Units | 138 (18.9%) |
| Median Home Value | $281,343 |
| Average Home Value | $304,020 |
Housing Distribution
Address Breakdown
Residential
576
Single Family
576
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices