388 Boulder RoadDanforthME04424
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 388 Boulder Road, Danforth, ME, 04424 in Danforth worth modelling. At $109,000 with a 9.16% gross yield, the $832/mo rent leaves $134/mo after the $490/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.70 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $30,115 by year five; $1,004/yr in principal reduction adds further equity. Total projected return: $50,085.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.8% |
| Monthly Cash Flow | $134 | $750 |
City averages based on Danforth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $832 |
| Total Monthly Debt Service | $655 |
| DSCR Ratio | 1.27x |
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 1980
0.89 Acres lot
$N/A/sqft
$125 annually 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 1980
0.89 Acres lot
$N/A/sqft
$125 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Mooers Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1573530
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