9 Morse Hill RoadWest ParisME04289
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 9 Morse Hill Road, West Paris, ME, 04289 in West Paris. Rental yield 7.14%. The 1.32 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $104,434 and $3,481/yr in principal reduction project total return of $134,817.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 7.8% |
| Monthly Cash Flow | $(136) | $320 |
City averages based on West Paris market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,250 |
| Total Monthly Debt Service | $2,235 |
| DSCR Ratio | 1.01x |
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 1800
25.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04289, West Paris, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 643 (67.4%) |
| Renter Occupied HU | 176 (18.4%) |
| Vacant Housing Units | 135 (14.2%) |
| Median Home Value | $222,692 |
| Average Home Value | $260,988 |
Housing Distribution
Address Breakdown
Residential
669
Single Family
642
Multi-Family
27
Businesses
28
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 1800
25.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04289, West Paris, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 643 (67.4%) |
| Renter Occupied HU | 176 (18.4%) |
| Vacant Housing Units | 135 (14.2%) |
| Median Home Value | $222,692 |
| Average Home Value | $260,988 |
Housing Distribution
Address Breakdown
Residential
669
Single Family
642
Multi-Family
27
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Maine Real Estate Pros
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1618358
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782