42 Chickering RoadNobleboroME04555
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 42 Chickering Road, Nobleboro, ME, 04555 in Nobleboro is priced for capital growth, not immediate cash flow. The $1,650,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $455,865 by year five, with $15,197/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Nobleboro market data in our database. Property projections are estimates.
Single Family
Built in 2006
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04555, Nobleboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 723 (59.9%) |
| Renter Occupied HU | 112 ( 9.3%) |
| Vacant Housing Units | 372 (30.8%) |
| Median Home Value | $370,096 |
| Average Home Value | $434,343 |
Housing Distribution
Address Breakdown
Residential
825
Single Family
825
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2006
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04555, Nobleboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 723 (59.9%) |
| Renter Occupied HU | 112 ( 9.3%) |
| Vacant Housing Units | 372 (30.8%) |
| Median Home Value | $370,096 |
| Average Home Value | $434,343 |
Housing Distribution
Address Breakdown
Residential
825
Single Family
825
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices