47 Bray AvenueFairfieldME04937
INVESTMENT ANALYSIS
Investment Verdict
Solid Income47 Bray Avenue, Fairfield, ME, 04937 in Fairfield earns a respectable 9.13% gross yield at $147,500, but after the $663/mo mortgage the net cash flow is $191/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.69) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $40,752 over five years, making equity the dominant return driver. Total projected return: $68,379.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.5% |
| Monthly Cash Flow | $191 | $650 |
City averages based on Fairfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,122 |
| Total Monthly Debt Service | $872 |
| DSCR Ratio | 1.29x |
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 1960
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04937, Fairfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 2,098 (69.8%) |
| Renter Occupied HU | 709 (23.6%) |
| Vacant Housing Units | 198 ( 6.6%) |
| Median Home Value | $187,090 |
| Average Home Value | $211,345 |
Housing Distribution
Address Breakdown
Residential
2,776
Single Family
2,717
Multi-Family
59
Businesses
175
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 1960
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04937, Fairfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 2,098 (69.8%) |
| Renter Occupied HU | 709 (23.6%) |
| Vacant Housing Units | 198 ( 6.6%) |
| Median Home Value | $187,090 |
| Average Home Value | $211,345 |
Housing Distribution
Address Breakdown
Residential
2,776
Single Family
2,717
Multi-Family
59
Businesses
175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices