45 Colonial Village #45FalmouthME04105
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 45 Colonial Village #45, Falmouth, ME, 04105 in Falmouth at $450,000 earns $3,472/mo in rent and nets $27/mo after the $2,023/mo payment, a 9.26% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $124,327 over five years. Ziffy Mortgage underwrites this on a 1.72 DSCR without U.S. credit history. With $4,145/yr in principal paydown, total projected return reaches $211,584.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.8% |
| Monthly Cash Flow | $27 | $850 |
City averages based on Falmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,472 |
| Total Monthly Debt Service | $2,661 |
| DSCR Ratio | 1.30x |
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 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04105, Falmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,499 (100%) |
| Owner Occupied HU | 4,268 (77.6%) |
| Renter Occupied HU | 814 (14.8%) |
| Vacant Housing Units | 417 ( 7.6%) |
| Median Home Value | $751,057 |
| Average Home Value | $879,727 |
Housing Distribution
Address Breakdown
Residential
5,390
Single Family
4,979
Multi-Family
411
Businesses
480
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 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04105, Falmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,499 (100%) |
| Owner Occupied HU | 4,268 (77.6%) |
| Renter Occupied HU | 814 (14.8%) |
| Vacant Housing Units | 417 ( 7.6%) |
| Median Home Value | $751,057 |
| Average Home Value | $879,727 |
Housing Distribution
Address Breakdown
Residential
5,390
Single Family
4,979
Multi-Family
411
Businesses
480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices