54 Roberta StreetFarmingdaleME04344
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 54 Roberta Street, Farmingdale, ME, 04344 in Farmingdale: $3,167/mo in rent, $737/mo in net income, 9.87% gross yield, 1.83 DSCR, all at $385,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $106,368 in appreciation and $3,546/yr in principal paydown projects total cumulative return of $193,660.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 7.5% |
| Monthly Cash Flow | $737 | $800 |
City averages based on Farmingdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,167 |
| Total Monthly Debt Service | $2,277 |
| DSCR Ratio | 1.39x |
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 1976
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04344, Farmingdale, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,404 (100%) |
| Owner Occupied HU | 944 (67.2%) |
| Renter Occupied HU | 379 (27.0%) |
| Vacant Housing Units | 81 ( 5.8%) |
| Median Home Value | $245,200 |
| Average Home Value | $253,763 |
Housing Distribution
Address Breakdown
Residential
1,392
Single Family
1,285
Multi-Family
107
Businesses
96
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 1976
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04344, Farmingdale, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,404 (100%) |
| Owner Occupied HU | 944 (67.2%) |
| Renter Occupied HU | 379 (27.0%) |
| Vacant Housing Units | 81 ( 5.8%) |
| Median Home Value | $245,200 |
| Average Home Value | $253,763 |
Housing Distribution
Address Breakdown
Residential
1,392
Single Family
1,285
Multi-Family
107
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Sprague & Curtis Real Estate
Mls Name: Maine Listings
Mls ID: #1639219