45 Canaan RoadClintonME04927
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 45 Canaan Road, Clinton, ME, 04927 in Clinton. At $299,000 it earns $2,124/mo in rent and distributes $237/mo to the owner after the $1,417/mo payment, a consistent 8.52% yield. DSCR 1.50 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $82,608 in value; $2,507/yr in principal paydown compounds ownership stake. Total projected return: $123,204.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.5% |
| Monthly Cash Flow | $237 | $450 |
City averages based on Clinton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,124 |
| Total Monthly Debt Service | $1,841 |
| DSCR Ratio | 1.15x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04927, Clinton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,594 (100%) |
| Owner Occupied HU | 1,197 (75.1%) |
| Renter Occupied HU | 259 (16.2%) |
| Vacant Housing Units | 138 ( 8.7%) |
| Median Home Value | $205,732 |
| Average Home Value | $241,928 |
Housing Distribution
Address Breakdown
Residential
1,253
Single Family
1,235
Multi-Family
18
Businesses
37
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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
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