35 Spear Mill RoadCushingME04563
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 35 Spear Mill Road, Cushing, ME, 04563 in Cushing. Priced at $165,000, it generates $4,200/mo in gross rent and $3,159/mo in net monthly cash flow, a 30.55% yield that comfortably supports the 5.66 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $37,904. Five-year appreciation: $45,586. Equity from principal paydown: $1,520/yr. Total projected cumulative return: $265,958.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 30.6% | 5.0% |
| Monthly Cash Flow | $3,159 | $400 |
City averages based on Cushing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,200 |
| Total Monthly Debt Service | $976 |
| DSCR Ratio | 4.30x |
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.
Manufactured
Built in 1996
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04563, Cushing, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 520 (57.0%) |
| Renter Occupied HU | 113 (12.4%) |
| Vacant Housing Units | 279 (30.6%) |
| Median Home Value | $490,909 |
| Average Home Value | $558,505 |
Housing Distribution
Address Breakdown
Residential
735
Single Family
735
Multi-Family
0
Businesses
14
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
Manufactured
Built in 1996
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04563, Cushing, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 520 (57.0%) |
| Renter Occupied HU | 113 (12.4%) |
| Vacant Housing Units | 279 (30.6%) |
| Median Home Value | $490,909 |
| Average Home Value | $558,505 |
Housing Distribution
Address Breakdown
Residential
735
Single Family
735
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices