63 Youngs LanePhippsburgME04562
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 63 Youngs Lane, Phippsburg, ME, 04562 in Phippsburg worth study. Rental yield 5.85%. The 5.85% gross yield is below cash-flow benchmarks at $615,000, but 5% annual appreciation, adding $169,913 over five years, frames this as a capital growth position. Rent of $2,996/mo partially offsets the $2,765/mo payment. Ziffy Mortgage finances appreciation-play properties (1.08 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $176,582.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 5.5% |
| Monthly Cash Flow | $(885) | $450 |
City averages based on Phippsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,996 |
| Total Monthly Debt Service | $3,637 |
| DSCR Ratio | 0.82x |
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 1990
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04562, Phippsburg, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 897 (48.8%) |
| Renter Occupied HU | 106 ( 5.8%) |
| Vacant Housing Units | 834 (45.4%) |
| Median Home Value | $443,333 |
| Average Home Value | $508,138 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,010
Multi-Family
0
Businesses
39
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 1990
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04562, Phippsburg, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 897 (48.8%) |
| Renter Occupied HU | 106 ( 5.8%) |
| Vacant Housing Units | 834 (45.4%) |
| Median Home Value | $443,333 |
| Average Home Value | $508,138 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,010
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Maine Listings
Mls ID: #1656492