675 Mingo Loop RdRangeleyME04970
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 675 Mingo Loop Rd, Rangeley, ME, 04970 in Rangeley speaks for itself: 10% gross on a $450,000 price, generating $3,749/mo in rent and $909/mo in net income after the $2,023/mo debt service. DSCR 1.85, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,905 stacks alongside $124,327 in projected five-year appreciation and $4,145/yr in principal reduction. Projected total cumulative return: $229,416.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.5% |
| Monthly Cash Flow | $909 | $400 |
City averages based on Rangeley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,749 |
| Total Monthly Debt Service | $2,661 |
| DSCR Ratio | 1.41x |
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 2000
5.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04970, Rangeley, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 638 (25.0%) |
| Renter Occupied HU | 156 ( 6.1%) |
| Vacant Housing Units | 1,762 (68.9%) |
| Median Home Value | $372,973 |
| Average Home Value | $448,640 |
Housing Distribution
Address Breakdown
Residential
112
Single Family
112
Multi-Family
0
Businesses
119
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 2000
5.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04970, Rangeley, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 638 (25.0%) |
| Renter Occupied HU | 156 ( 6.1%) |
| Vacant Housing Units | 1,762 (68.9%) |
| Median Home Value | $372,973 |
| Average Home Value | $448,640 |
Housing Distribution
Address Breakdown
Residential
112
Single Family
112
Multi-Family
0
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices