9 Lucas CourtBristolME04539
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 9 Lucas Court, Bristol, ME, 04539 in Bristol. At $397,500 it earns $2,813/mo in rent and distributes $262/mo to the owner after the $1,787/mo payment, a consistent 8.49% yield. DSCR 1.57 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $109,822 in value; $3,661/yr in principal paydown compounds ownership stake. Total projected return: $168,077.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.5% |
| Monthly Cash Flow | $262 | $1,200 |
City averages based on Bristol market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,813 |
| Total Monthly Debt Service | $2,392 |
| DSCR Ratio | 1.18x |
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 2006
1.07 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04539, Bristol, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 564 (68.6%) |
| Renter Occupied HU | 81 ( 9.9%) |
| Vacant Housing Units | 177 (21.5%) |
| Median Home Value | $396,203 |
| Average Home Value | $489,419 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
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 2006
1.07 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04539, Bristol, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 564 (68.6%) |
| Renter Occupied HU | 81 ( 9.9%) |
| Vacant Housing Units | 177 (21.5%) |
| Median Home Value | $396,203 |
| Average Home Value | $489,419 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices