8 Log Cabin Lane #9ShapleighME04076
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8 Log Cabin Lane #9, Shapleigh, ME, 04076 in Shapleigh carries a 1.56 coverage ratio, rent of $2,916/mo is 1.56 times the $1,866/mo payment. Rental yield 8.43%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $415,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $114,657; total projected cumulative return: $154,839.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.0% |
| Monthly Cash Flow | $(68) | $1,500 |
City averages based on Shapleigh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,916 |
| Total Monthly Debt Service | $2,819 |
| DSCR Ratio | 1.03x |
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 1999
37 Acres lot
$N/A/sqft
$1,095 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04076, Shapleigh, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,202 (54.6%) |
| Renter Occupied HU | 101 ( 4.6%) |
| Vacant Housing Units | 899 (40.8%) |
| Median Home Value | $485,614 |
| Average Home Value | $584,282 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,180
Multi-Family
0
Businesses
52
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 1999
37 Acres lot
$N/A/sqft
$1,095 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04076, Shapleigh, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,202 (54.6%) |
| Renter Occupied HU | 101 ( 4.6%) |
| Vacant Housing Units | 899 (40.8%) |
| Median Home Value | $485,614 |
| Average Home Value | $584,282 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,180
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Dream Home Realty LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1627096
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782