7 Parsonage Road #4North YarmouthME04097
INVESTMENT ANALYSIS
Investment Verdict
Solid Income7 Parsonage Road #4, North Yarmouth, ME, 04097 in North Yarmouth is a solid income-producing rental, 8.83% gross yield, $4,189/mo rent, $362/mo net cash flow on a $569,000 buy. DSCR 1.64 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $157,204 and $5,241/yr in principal reduction project a total cumulative return of $254,501.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.0% |
| Monthly Cash Flow | $362 | $400 |
City averages based on North Yarmouth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,189 |
| Total Monthly Debt Service | $3,365 |
| DSCR Ratio | 1.24x |
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 2025
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04097, North Yarmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,629 (100%) |
| Owner Occupied HU | 1,447 (88.8%) |
| Renter Occupied HU | 143 ( 8.8%) |
| Vacant Housing Units | 39 ( 2.4%) |
| Median Home Value | $586,659 |
| Average Home Value | $636,885 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,653
Multi-Family
0
Businesses
37
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 2025
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04097, North Yarmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,629 (100%) |
| Owner Occupied HU | 1,447 (88.8%) |
| Renter Occupied HU | 143 ( 8.8%) |
| Vacant Housing Units | 39 ( 2.4%) |
| Median Home Value | $586,659 |
| Average Home Value | $636,885 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,653
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Maine Listings
Mls ID: #1653171