45 High StreetEastportME04631
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 45 High Street, Eastport, ME, 04631 in Eastport deserves attention. This $249,900 property earns $2,340/mo in rent, a 11.24% gross yield, and nets $763/mo after the $1,124/mo payment. DSCR 2.08 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $69,043 compounds alongside $2,302/yr in yearly equity build, for a total cumulative return of $143,957.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.0% |
| Monthly Cash Flow | $763 | $450 |
City averages based on Eastport 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 | $2,340 |
| Total Monthly Debt Service | $1,478 |
| DSCR Ratio | 1.58x |
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 1847
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04631, Eastport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,067 (100%) |
| Owner Occupied HU | 482 (45.2%) |
| Renter Occupied HU | 160 (15.0%) |
| Vacant Housing Units | 425 (39.8%) |
| Median Home Value | $190,144 |
| Average Home Value | $221,795 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
599
Multi-Family
68
Businesses
89
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 1847
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04631, Eastport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,067 (100%) |
| Owner Occupied HU | 482 (45.2%) |
| Renter Occupied HU | 160 (15.0%) |
| Vacant Housing Units | 425 (39.8%) |
| Median Home Value | $190,144 |
| Average Home Value | $221,795 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
599
Multi-Family
68
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices