49 Parkman RoadHarmonyME04942
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 49 Parkman Road, Harmony, ME, 04942 in Harmony deserves attention. This $154,000 property earns $1,691/mo in rent, a 13.18% gross yield, and nets $719/mo after the $730/mo payment. DSCR 2.32 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $42,547 compounds alongside $1,291/yr in yearly equity build, for a total cumulative return of $101,851.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 5.0% |
| Monthly Cash Flow | $719 | $850 |
City averages based on Harmony 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 | $1,691 |
| Total Monthly Debt Service | $948 |
| DSCR Ratio | 1.78x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04942, Harmony, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,142 (100%) |
| Owner Occupied HU | 493 (43.2%) |
| Renter Occupied HU | 61 ( 5.3%) |
| Vacant Housing Units | 588 (51.5%) |
| Median Home Value | $237,981 |
| Average Home Value | $249,696 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
19
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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
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Nearby investment properties with comparable prices
