397 West Old Main RoadLowellME04493
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 397 West Old Main Road, Lowell, ME, 04493 in Lowell. Rental yield 7.14%. The 1.32 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $92,554 and $3,085/yr in principal reduction project total return of $119,401.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 7.2% |
| Monthly Cash Flow | $(122) | $300 |
City averages based on Lowell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,992 |
| Total Monthly Debt Service | $1,981 |
| DSCR Ratio | 1.01x |
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 2001
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04493, West Enfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 681 (56.7%) |
| Renter Occupied HU | 100 ( 8.3%) |
| Vacant Housing Units | 419 (34.9%) |
| Median Home Value | $205,328 |
| Average Home Value | $261,399 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
Businesses
28
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 2001
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04493, West Enfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 681 (56.7%) |
| Renter Occupied HU | 100 ( 8.3%) |
| Vacant Housing Units | 419 (34.9%) |
| Median Home Value | $205,328 |
| Average Home Value | $261,399 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices