482 Ocean Point RdEast BoothbayME04544
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 482 Ocean Point Rd, East Boothbay, ME, 04544 in East Boothbay deserves attention. This $227,323 property earns $3,133/mo in rent, a 16.54% gross yield, and nets $1,699/mo after the $1,022/mo payment. DSCR 3.07 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $62,805 compounds alongside $2,094/yr in yearly equity build, for a total cumulative return of $195,619.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.5% | 5.1% |
| Monthly Cash Flow | $1,699 | $900 |
City averages based on East Boothbay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,133 |
| Total Monthly Debt Service | $1,344 |
| DSCR Ratio | 2.33x |
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 1924
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04544, East Boothbay, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 968 (100%) |
| Owner Occupied HU | 326 (33.7%) |
| Renter Occupied HU | 35 ( 3.6%) |
| Vacant Housing Units | 607 (62.7%) |
| Median Home Value | $583,333 |
| Average Home Value | $980,905 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
35
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 1924
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04544, East Boothbay, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 968 (100%) |
| Owner Occupied HU | 326 (33.7%) |
| Renter Occupied HU | 35 ( 3.6%) |
| Vacant Housing Units | 607 (62.7%) |
| Median Home Value | $583,333 |
| Average Home Value | $980,905 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A