8 Powell LaneFriendshipME04547
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 8 Powell Lane, Friendship, ME, 04547 in Friendship hard to pass up. The 11.3% gross yield on a $295,000 purchase results in $2,778/mo in rent and $916/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.09). Annual cash flow of $10,995, five-year appreciation of $81,503, and $2,717/yr in equity build-up combine for a projected total cumulative return of $170,994.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 5.1% |
| Monthly Cash Flow | $916 | $950 |
City averages based on Friendship market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,778 |
| Total Monthly Debt Service | $1,744 |
| DSCR Ratio | 1.59x |
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 1975
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04547, Friendship, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 464 (49.9%) |
| Renter Occupied HU | 77 ( 8.3%) |
| Vacant Housing Units | 389 (41.8%) |
| Median Home Value | $468,116 |
| Average Home Value | $476,972 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
501
Multi-Family
0
Businesses
33
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 1975
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04547, Friendship, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 464 (49.9%) |
| Renter Occupied HU | 77 ( 8.3%) |
| Vacant Housing Units | 389 (41.8%) |
| Median Home Value | $468,116 |
| Average Home Value | $476,972 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
501
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Maine Listings
Mls ID: #1653184