8 Moore LaneTurnerME04282
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 8 Moore Lane, Turner, ME, 04282 in Turner: $1,204/mo in rent, $257/mo in net income, 9.63% gross yield, 1.79 DSCR, all at $150,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $41,442 in appreciation and $1,382/yr in principal paydown projects total cumulative return of $73,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $257 | $350 |
City averages based on Turner market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,204 |
| Total Monthly Debt Service | $887 |
| DSCR Ratio | 1.36x |
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.
Manufactured
Built in 1984
1.01 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
Manufactured
Built in 1984
1.01 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
Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1628769
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