9 A Condo Lane #18GreenwoodME04255
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 9 A Condo Lane #18, Greenwood, ME, 04255 in Greenwood. Rental yield 7.55%. The 1.40 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $63,268 and $2,109/yr in principal reduction project total return of $86,622.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.0% |
| Monthly Cash Flow | $(5) | $350 |
City averages based on Greenwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $1,354 |
| DSCR Ratio | 1.06x |
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 1988
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04255, Greenwood, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 291 (36.1%) |
| Renter Occupied HU | 51 ( 6.3%) |
| Vacant Housing Units | 463 (57.5%) |
| Median Home Value | $315,441 |
| Average Home Value | $358,290 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
299
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
Condo
Built in 1988
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04255, Greenwood, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 291 (36.1%) |
| Renter Occupied HU | 51 ( 6.3%) |
| Vacant Housing Units | 463 (57.5%) |
| Median Home Value | $315,441 |
| Average Home Value | $358,290 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
299
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices