88 Barnard CoveGreeneME04236
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play88 Barnard Cove, Greene, ME, 04236 in Greene is priced for appreciation, not yield. Rental yield 4.87%. At $629,000 with a 4.87% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $173,781 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.90) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $147,615.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 8.0% |
| Monthly Cash Flow | $(1,417) | $350 |
City averages based on Greene market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,552 |
| Total Monthly Debt Service | $3,719 |
| DSCR Ratio | 0.69x |
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.
Single Family
Built in 1955
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04236, Greene, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,017 (100%) |
| Owner Occupied HU | 1,574 (78.0%) |
| Renter Occupied HU | 227 (11.3%) |
| Vacant Housing Units | 216 (10.7%) |
| Median Home Value | $331,173 |
| Average Home Value | $350,681 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
68
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 1955
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04236, Greene, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,017 (100%) |
| Owner Occupied HU | 1,574 (78.0%) |
| Renter Occupied HU | 227 (11.3%) |
| Vacant Housing Units | 216 (10.7%) |
| Median Home Value | $331,173 |
| Average Home Value | $350,681 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices