4 Log Cabin Lane UNIT 8ShapleighME04076
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 4 Log Cabin Lane UNIT 8, Shapleigh, ME, 04076 in Shapleigh, $340,000, 9.46% gross yield, $175/mo net income. Consider it a market-entry position, the $2,680/mo rent covers the $1,529/mo payment with a margin, and 5%/yr appreciation is projected to add $93,936 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.75) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $141,959.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.0% |
| Monthly Cash Flow | $175 | $1,500 |
City averages based on Shapleigh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,680 |
| Total Monthly Debt Service | $2,370 |
| DSCR Ratio | 1.13x |
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.
Condo
Built in 2000
37.50 Acres lot
$N/A/sqft
$359 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04076, Shapleigh, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,202 (54.6%) |
| Renter Occupied HU | 101 ( 4.6%) |
| Vacant Housing Units | 899 (40.8%) |
| Median Home Value | $485,614 |
| Average Home Value | $584,282 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,180
Multi-Family
0
Businesses
52
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
Condo
Built in 2000
37.50 Acres lot
$N/A/sqft
$359 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04076, Shapleigh, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,202 (54.6%) |
| Renter Occupied HU | 101 ( 4.6%) |
| Vacant Housing Units | 899 (40.8%) |
| Median Home Value | $485,614 |
| Average Home Value | $584,282 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,180
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices