68 E Main StreetFort KentME04743
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 68 E Main Street, Fort Kent, ME, 04743 in Fort Kent at $119,900 earns $911/mo in rent and nets $154/mo after the $539/mo payment, a 9.12% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $33,126 over five years. Ziffy Mortgage underwrites this on a 1.69 DSCR without U.S. credit history. With $1,104/yr in principal paydown, total projected return reaches $55,512.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.2% |
| Monthly Cash Flow | $154 | $200 |
City averages based on Fort Kent market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $911 |
| Total Monthly Debt Service | $709 |
| DSCR Ratio | 1.28x |
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 N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04743, Fort Kent, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,463 (63.0%) |
| Renter Occupied HU | 569 (24.5%) |
| Vacant Housing Units | 292 (12.6%) |
| Median Home Value | $240,116 |
| Average Home Value | $242,239 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,814
Multi-Family
133
Businesses
210
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
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04743, Fort Kent, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,463 (63.0%) |
| Renter Occupied HU | 569 (24.5%) |
| Vacant Housing Units | 292 (12.6%) |
| Median Home Value | $240,116 |
| Average Home Value | $242,239 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,814
Multi-Family
133
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices