42 Federal RoadParsonsfieldME04047
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 42 Federal Road, Parsonsfield, ME, 04047 in Parsonsfield: $3,094/mo in rent, $762/mo net, 10.05% gross yield, all on a $369,500 acquisition. The 1.86 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $102,086 in value, and $3,403/yr in principal paydown steadily builds equity. Projected total cumulative return: $189,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.5% |
| Monthly Cash Flow | $762 | $300 |
City averages based on Parsonsfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,094 |
| Total Monthly Debt Service | $2,185 |
| DSCR Ratio | 1.42x |
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 1840
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04047, Parsonsfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 691 (56.9%) |
| Renter Occupied HU | 148 (12.2%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $375,000 |
| Average Home Value | $421,679 |
Housing Distribution
Address Breakdown
Residential
817
Single Family
817
Multi-Family
0
Businesses
46
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 1840
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04047, Parsonsfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 691 (56.9%) |
| Renter Occupied HU | 148 (12.2%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $375,000 |
| Average Home Value | $421,679 |
Housing Distribution
Address Breakdown
Residential
817
Single Family
817
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Maine Real Estate Experts
Mls Name: Maine Listings
Mls ID: #1629564