8 Edes AvenueDover FoxcroftME04426
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8 Edes Avenue, Dover Foxcroft, ME, 04426 in Dover Foxcroft is a solid income-producing rental, 9.44% gross yield, $1,455/mo rent, $288/mo net cash flow on a $184,900 buy. DSCR 1.75 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $51,084 and $1,703/yr in principal reduction project a total cumulative return of $88,832.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.3% |
| Monthly Cash Flow | $288 | $450 |
City averages based on Dover Foxcroft market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,455 |
| Total Monthly Debt Service | $1,093 |
| DSCR Ratio | 1.33x |
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04426, Dover Foxcroft, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,974 (100%) |
| Owner Occupied HU | 1,476 (49.6%) |
| Renter Occupied HU | 546 (18.4%) |
| Vacant Housing Units | 952 (32.0%) |
| Median Home Value | $149,693 |
| Average Home Value | $245,024 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,027
Multi-Family
42
Businesses
201
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
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04426, Dover Foxcroft, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,974 (100%) |
| Owner Occupied HU | 1,476 (49.6%) |
| Renter Occupied HU | 546 (18.4%) |
| Vacant Housing Units | 952 (32.0%) |
| Median Home Value | $149,693 |
| Average Home Value | $245,024 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,027
Multi-Family
42
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Maine Listings
Mls ID: #1653363