775 N Parish RoadTurnerME04282
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 775 N Parish Road, Turner, ME, 04282 in Turner the bet is firmly on appreciation. Rental yield 4.12%. The 4.12% gross yield on a $699,000 price is below income-first thresholds, but 5%/yr value growth projects $193,121 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.76) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $135,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 6.0% |
| Monthly Cash Flow | $(2,012) | $350 |
City averages based on Turner market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $4,133 |
| DSCR Ratio | 0.58x |
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 1900
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04282, Turner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,699 (100%) |
| Owner Occupied HU | 2,055 (76.1%) |
| Renter Occupied HU | 366 (13.6%) |
| Vacant Housing Units | 278 (10.3%) |
| Median Home Value | $343,830 |
| Average Home Value | $356,009 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
2,210
Multi-Family
24
Businesses
155
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 1900
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04282, Turner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,699 (100%) |
| Owner Occupied HU | 2,055 (76.1%) |
| Renter Occupied HU | 366 (13.6%) |
| Vacant Housing Units | 278 (10.3%) |
| Median Home Value | $343,830 |
| Average Home Value | $356,009 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
2,210
Multi-Family
24
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices