485 Main RoadPassadumkeagME04475
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 485 Main Road, Passadumkeag, ME, 04475 in Passadumkeag is narrow, $122/mo net on $2,520/mo rent after the $1,709/mo debt service, but the property operates at break-even-plus, not a loss. At $380,000 with a 7.96% yield, the long-run equity case via 5% appreciation ($104,987 over five years) and $3,500/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.47 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $152,118.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $122 | $800 |
City averages based on Passadumkeag market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,520 |
| Total Monthly Debt Service | $2,247 |
| DSCR Ratio | 1.12x |
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 1950
22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04475, Passadumkeag, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 200 (100%) |
| Owner Occupied HU | 138 (69.0%) |
| Renter Occupied HU | 20 ( 10.0%) |
| Vacant Housing Units | 42 (21.0%) |
| Median Home Value | $125,000 |
| Average Home Value | $151,667 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
119
Multi-Family
9
Businesses
6
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 1950
22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04475, Passadumkeag, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 200 (100%) |
| Owner Occupied HU | 138 (69.0%) |
| Renter Occupied HU | 20 ( 10.0%) |
| Vacant Housing Units | 42 (21.0%) |
| Median Home Value | $125,000 |
| Average Home Value | $151,667 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
119
Multi-Family
9
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Twin Rivers Realty
Mls Name: Maine Listings
Mls ID: #1626503