810 N Palermo RdPalermoME04354
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 810 N Palermo Rd, Palermo, ME, 04354 in Palermo. Rental yield 3.85%. At $650,000 with 3.85% gross yield, current distributions are modest, but the 5% appreciation rate projects $179,583 in new equity by year five, complemented by $5,987/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.71) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $116,963.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 7.0% |
| Monthly Cash Flow | $(2,018) | $300 |
City averages based on Palermo market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,084 |
| Total Monthly Debt Service | $3,844 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1975
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04354, Palermo, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 597 (63.2%) |
| Renter Occupied HU | 60 ( 6.3%) |
| Vacant Housing Units | 288 (30.5%) |
| Median Home Value | $332,415 |
| Average Home Value | $353,354 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
695
Multi-Family
0
Businesses
20
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
Multi Family
Built in 1975
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04354, Palermo, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 597 (63.2%) |
| Renter Occupied HU | 60 ( 6.3%) |
| Vacant Housing Units | 288 (30.5%) |
| Median Home Value | $332,415 |
| Average Home Value | $353,354 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
695
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices