36 Palmer RoadEtnaME04434
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 36 Palmer Road, Etna, ME, 04434 in Etna is listed at $199,900 and delivers $1,571/mo in rent and $309/mo in net monthly cash flow. The 9.43% yield and 1.75 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $55,229 over five years, and $1,841/yr in principal reduction supplements cash return. Total projected cumulative return: $95,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $309 | $300 |
City averages based on Etna market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,571 |
| Total Monthly Debt Service | $1,182 |
| DSCR Ratio | 1.33x |
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 2004
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04434, Etna, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 562 (100%) |
| Owner Occupied HU | 419 (74.6%) |
| Renter Occupied HU | 55 ( 9.8%) |
| Vacant Housing Units | 88 (15.7%) |
| Median Home Value | $290,517 |
| Average Home Value | $287,619 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
496
Multi-Family
0
Businesses
12
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 2004
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04434, Etna, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 562 (100%) |
| Owner Occupied HU | 419 (74.6%) |
| Renter Occupied HU | 55 ( 9.8%) |
| Vacant Housing Units | 88 (15.7%) |
| Median Home Value | $290,517 |
| Average Home Value | $287,619 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
496
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices