69 Gail Lane #69YarmouthME04096
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.08% yield at 69 Gail Lane #69, Yarmouth, ME, 04096 in Yarmouth is solid, but the $2,001/mo payment compresses net cash flow to $189/mo at $445,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $122,945 by year five, and $4,098/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.50) without U.S. income documentation. Total projected return: $181,190.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.8% |
| Monthly Cash Flow | $189 | $850 |
City averages based on Yarmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,998 |
| Total Monthly Debt Service | $2,631 |
| DSCR Ratio | 1.14x |
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.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04096, Yarmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,971 (100%) |
| Owner Occupied HU | 2,788 (70.2%) |
| Renter Occupied HU | 891 (22.4%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $688,427 |
| Average Home Value | $748,146 |
Housing Distribution
Address Breakdown
Residential
3,890
Single Family
3,840
Multi-Family
50
Businesses
616
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
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04096, Yarmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,971 (100%) |
| Owner Occupied HU | 2,788 (70.2%) |
| Renter Occupied HU | 891 (22.4%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $688,427 |
| Average Home Value | $748,146 |
Housing Distribution
Address Breakdown
Residential
3,890
Single Family
3,840
Multi-Family
50
Businesses
616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices