5 Conifer DriveLymanME04002
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow5 Conifer Drive, Lyman, ME, 04002 in Lyman is a solid income-producing rental, 11.27% gross yield, $3,043/mo rent, $348/mo net cash flow on a $324,000 buy. DSCR 2.09 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $89,515 and $2,984/yr in principal reduction project a total cumulative return of $148,261.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 5.0% |
| Monthly Cash Flow | $348 | $800 |
City averages based on Lyman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,043 |
| Total Monthly Debt Service | $2,566 |
| DSCR Ratio | 1.19x |
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.
Manufactured
Built in 2018
0.50 Acres lot
$N/A/sqft
$650 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04002, Alfred, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,887 (74.7%) |
| Renter Occupied HU | 403 (10.4%) |
| Vacant Housing Units | 573 (14.8%) |
| Median Home Value | $461,084 |
| Average Home Value | $510,512 |
Housing Distribution
Address Breakdown
Residential
3,106
Single Family
3,091
Multi-Family
15
Businesses
145
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 2018
0.50 Acres lot
$N/A/sqft
$650 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04002, Alfred, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,887 (74.7%) |
| Renter Occupied HU | 403 (10.4%) |
| Vacant Housing Units | 573 (14.8%) |
| Median Home Value | $461,084 |
| Average Home Value | $510,512 |
Housing Distribution
Address Breakdown
Residential
3,106
Single Family
3,091
Multi-Family
15
Businesses
145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices