473 New England RoadSearsmontME04973
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 473 New England Road, Searsmont, ME, 04973 in Searsmont aligned with their strategy. Rental yield 6.67%. DSCR 1.24 and 6.67% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $2,883/yr in paydown build toward a projected cumulative return of $103,693.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.5% |
| Monthly Cash Flow | $(237) | $1,100 |
City averages based on Searsmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,739 |
| Total Monthly Debt Service | $1,851 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Manufactured
Built in 2003
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04973, Searsmont, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 518 (70.8%) |
| Renter Occupied HU | 76 (10.4%) |
| Vacant Housing Units | 138 (18.9%) |
| Median Home Value | $281,343 |
| Average Home Value | $304,020 |
Housing Distribution
Address Breakdown
Residential
576
Single Family
576
Multi-Family
0
Businesses
29
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
Manufactured
Built in 2003
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04973, Searsmont, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 518 (70.8%) |
| Renter Occupied HU | 76 (10.4%) |
| Vacant Housing Units | 138 (18.9%) |
| Median Home Value | $281,343 |
| Average Home Value | $304,020 |
Housing Distribution
Address Breakdown
Residential
576
Single Family
576
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices