38 Mill Pond RoadGreenbushME04418
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 38 Mill Pond Road, Greenbush, ME, 04418 in Greenbush. Priced at $135,000, it generates $1,801/mo in gross rent and $949/mo in net monthly cash flow, a 16.01% yield that comfortably supports the 2.97 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,390. Five-year appreciation: $37,298. Equity from principal paydown: $1,243/yr. Total projected cumulative return: $112,346.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16% | 7.0% |
| Monthly Cash Flow | $949 | $250 |
City averages based on Greenbush market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,801 |
| Total Monthly Debt Service | $798 |
| DSCR Ratio | 2.26x |
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 1933
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04418, Greenbush, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 658 (68.3%) |
| Renter Occupied HU | 93 ( 9.7%) |
| Vacant Housing Units | 212 (22.0%) |
| Median Home Value | $147,143 |
| Average Home Value | $188,587 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
9
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 1933
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04418, Greenbush, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 658 (68.3%) |
| Renter Occupied HU | 93 ( 9.7%) |
| Vacant Housing Units | 212 (22.0%) |
| Median Home Value | $147,143 |
| Average Home Value | $188,587 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices