79 Carissa DriveBridgtonME04009
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 79 Carissa Drive, Bridgton, ME, 04009 in Bridgton: $3,312/mo in rent, $443/mo in net income, 8.83% gross yield, 1.64 DSCR, all at $450,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $124,327 in appreciation and $4,145/yr in principal paydown projects total cumulative return of $199,560.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.2% |
| Monthly Cash Flow | $443 | $1,200 |
City averages based on Bridgton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,312 |
| Total Monthly Debt Service | $2,690 |
| DSCR Ratio | 1.23x |
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 2013
3 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04009, Bridgton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,009 (44.6%) |
| Renter Occupied HU | 560 (12.4%) |
| Vacant Housing Units | 1,938 (43.0%) |
| Median Home Value | $365,534 |
| Average Home Value | $433,464 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,811
Multi-Family
112
Businesses
321
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 2013
3 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04009, Bridgton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,009 (44.6%) |
| Renter Occupied HU | 560 (12.4%) |
| Vacant Housing Units | 1,938 (43.0%) |
| Median Home Value | $365,534 |
| Average Home Value | $433,464 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,811
Multi-Family
112
Businesses
321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices