550 Prescott RoadManchesterME04351
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 550 Prescott Road, Manchester, ME, 04351 in Manchester at $284,900 earns $1,990/mo in rent and nets $192/mo after the $1,281/mo payment, a 8.38% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $78,713 over five years. Ziffy Mortgage underwrites this on a 1.55 DSCR without U.S. credit history. With $2,624/yr in principal paydown, total projected return reaches $120,578.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.5% |
| Monthly Cash Flow | $192 | $350 |
City averages based on Manchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,990 |
| Total Monthly Debt Service | $1,685 |
| DSCR Ratio | 1.18x |
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 1970
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04351, Manchester, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,324 (100%) |
| Owner Occupied HU | 970 (73.3%) |
| Renter Occupied HU | 160 (12.1%) |
| Vacant Housing Units | 194 (14.7%) |
| Median Home Value | $343,089 |
| Average Home Value | $420,402 |
Housing Distribution
Address Breakdown
Residential
1,028
Single Family
972
Multi-Family
56
Businesses
113
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 1970
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04351, Manchester, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,324 (100%) |
| Owner Occupied HU | 970 (73.3%) |
| Renter Occupied HU | 160 (12.1%) |
| Vacant Housing Units | 194 (14.7%) |
| Median Home Value | $343,089 |
| Average Home Value | $420,402 |
Housing Distribution
Address Breakdown
Residential
1,028
Single Family
972
Multi-Family
56
Businesses
113
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: #1635416