568 West RoadPortage LakeME04768
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing568 West Road, Portage Lake, ME, 04768 in Portage Lake is a stable, well-positioned rental at $239,900. Rental yield 6.25%. DSCR 1.16 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $66,280 in value and $2,210/yr in principal paydown builds equity, a total projected return of $74,073.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 7.0% |
| Monthly Cash Flow | $(265) | $800 |
City averages based on Portage Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,249 |
| Total Monthly Debt Service | $1,419 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 N/A
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04768, Portage, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 473 (100%) |
| Owner Occupied HU | 145 (30.7%) |
| Renter Occupied HU | 43 ( 9.1%) |
| Vacant Housing Units | 285 (60.3%) |
| Median Home Value | $202,083 |
| Average Home Value | $229,293 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
18
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 N/A
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04768, Portage, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 473 (100%) |
| Owner Occupied HU | 145 (30.7%) |
| Renter Occupied HU | 43 ( 9.1%) |
| Vacant Housing Units | 285 (60.3%) |
| Median Home Value | $202,083 |
| Average Home Value | $229,293 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • NextHome Discover
Mls Name: Maine Listings
Mls ID: #1642251