37 Pine Mountain RoadCape NeddickME03902
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play37 Pine Mountain Road, Cape Neddick, ME, 03902 in Cape Neddick is priced for appreciation, not yield. Rental yield 4.34%. At $1,199,000 with a 4.34% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $331,262 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.80) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $247,404.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 5.0% |
| Monthly Cash Flow | $(3,231) | $800 |
City averages based on Cape Neddick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,336 |
| Total Monthly Debt Service | $7,090 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2025
0.35 Acres lot
$N/A/sqft
No HOA
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 2025
0.35 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Keller Williams Coastal and Lakes & Mountains Realty
Mls Name: Maine Listings
Mls ID: #1636636