787 River RoadDresdenME04342
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.64% gross rental yield, 787 River Road, Dresden, ME, 04342 in Dresden is priced for capital growth, not immediate cash flow. The $1,100,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $303,910 by year five, with $9,221/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.81) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $223,671.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 5.5% |
| Monthly Cash Flow | $(2,693) | $850 |
City averages based on Dresden market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,249 |
| Total Monthly Debt Service | $6,773 |
| DSCR Ratio | 0.63x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04342, Dresden, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 717 (77.1%) |
| Renter Occupied HU | 102 (11.0%) |
| Vacant Housing Units | 111 (11.9%) |
| Median Home Value | $297,606 |
| Average Home Value | $317,326 |
Housing Distribution
Address Breakdown
Residential
782
Single Family
782
Multi-Family
0
Businesses
20
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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
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