45 Carissa DriveBridgtonME04009
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 45 Carissa Drive, Bridgton, ME, 04009 in Bridgton speaks for itself: 11.26% gross on a $459,000 price, generating $4,308/mo in rent and $1,386/mo in net income after the $2,064/mo debt service. DSCR 2.09, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,634 stacks alongside $126,813 in projected five-year appreciation and $4,227/yr in principal reduction. Projected total cumulative return: $265,108.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.2% |
| Monthly Cash Flow | $1,386 | $1,200 |
City averages based on Bridgton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,308 |
| Total Monthly Debt Service | $2,714 |
| DSCR Ratio | 1.59x |
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 2014
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04009, Bridgton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,009 (44.6%) |
| Renter Occupied HU | 560 (12.4%) |
| Vacant Housing Units | 1,938 (43.0%) |
| Median Home Value | $365,534 |
| Average Home Value | $433,464 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,811
Multi-Family
112
Businesses
321
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 2014
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04009, Bridgton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,009 (44.6%) |
| Renter Occupied HU | 560 (12.4%) |
| Vacant Housing Units | 1,938 (43.0%) |
| Median Home Value | $365,534 |
| Average Home Value | $433,464 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,811
Multi-Family
112
Businesses
321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices