90 E Main StreetFort KentME04743
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 90 E Main Street, Fort Kent, ME, 04743 in Fort Kent is capital appreciation. Rental yield 3.49%. The 3.49% gross yield at $460,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $127,090 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.65) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $73,940.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 7.2% |
| Monthly Cash Flow | $(1,566) | $200 |
City averages based on Fort Kent 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 | $1,337 |
| Total Monthly Debt Service | $2,720 |
| DSCR Ratio | 0.49x |
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 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04743, Fort Kent, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,463 (63.0%) |
| Renter Occupied HU | 569 (24.5%) |
| Vacant Housing Units | 292 (12.6%) |
| Median Home Value | $240,116 |
| Average Home Value | $242,239 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,814
Multi-Family
133
Businesses
210
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 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04743, Fort Kent, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,463 (63.0%) |
| Renter Occupied HU | 569 (24.5%) |
| Vacant Housing Units | 292 (12.6%) |
| Median Home Value | $240,116 |
| Average Home Value | $242,239 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,814
Multi-Family
133
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
