37 Walker RoadBoothbayME04537
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 37 Walker Road, Boothbay, ME, 04537 in Boothbay is capital appreciation. Rental yield 4.52%. The 4.52% gross yield at $1,095,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $302,528 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.84) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $236,641.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 7.5% |
| Monthly Cash Flow | $(2,784) | $850 |
City averages based on Boothbay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,127 |
| Total Monthly Debt Service | $6,475 |
| DSCR Ratio | 0.64x |
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 1880
63.50 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 1880
63.50 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Newcastle Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1627235
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782