6 Flagg StreetAugustaME04330
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 6 Flagg Street, Augusta, ME, 04330 in Augusta deserves attention. This $290,000 property earns $2,429/mo in rent, a 10.05% gross yield, and nets $599/mo after the $1,304/mo payment. DSCR 1.86 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $80,122 compounds alongside $2,671/yr in yearly equity build, for a total cumulative return of $148,688.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.8% |
| Monthly Cash Flow | $599 | $450 |
City averages based on Augusta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,429 |
| Total Monthly Debt Service | $1,715 |
| DSCR Ratio | 1.42x |
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 1880
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04330, Augusta, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 7,903 (58.0%) |
| Renter Occupied HU | 4,434 (32.6%) |
| Vacant Housing Units | 1,285 ( 9.4%) |
| Median Home Value | $239,579 |
| Average Home Value | $264,116 |
Housing Distribution
Address Breakdown
Residential
12,582
Single Family
11,441
Multi-Family
1,141
Businesses
1,190
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 1880
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04330, Augusta, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 7,903 (58.0%) |
| Renter Occupied HU | 4,434 (32.6%) |
| Vacant Housing Units | 1,285 ( 9.4%) |
| Median Home Value | $239,579 |
| Average Home Value | $264,116 |
Housing Distribution
Address Breakdown
Residential
12,582
Single Family
11,441
Multi-Family
1,141
Businesses
1,190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices