387 Exeter RoadCorinthME04427
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 387 Exeter Road, Corinth, ME, 04427 in Corinth speaks for itself: 10.76% gross on a $469,000 price, generating $4,205/mo in rent and $1,245/mo in net income after the $2,109/mo debt service. DSCR 1.99, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,938 stacks alongside $129,576 in projected five-year appreciation and $4,320/yr in principal reduction. Projected total cumulative return: $258,215.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 8.0% |
| Monthly Cash Flow | $1,245 | $350 |
City averages based on Corinth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,205 |
| Total Monthly Debt Service | $2,773 |
| DSCR Ratio | 1.52x |
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 1996
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04427, Corinth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 978 (76.0%) |
| Renter Occupied HU | 192 (14.9%) |
| Vacant Housing Units | 116 ( 9.0%) |
| Median Home Value | $205,952 |
| Average Home Value | $243,441 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,103
Multi-Family
24
Businesses
54
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 1996
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04427, Corinth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 978 (76.0%) |
| Renter Occupied HU | 192 (14.9%) |
| Vacant Housing Units | 116 ( 9.0%) |
| Median Home Value | $205,952 |
| Average Home Value | $243,441 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,103
Multi-Family
24
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices