928 Main RoadWest EnfieldME04493
INVESTMENT ANALYSIS
Investment Verdict
Solid Income928 Main Road, West Enfield, ME, 04493 in West Enfield is a solid income-producing rental, 9.32% gross yield, $1,313/mo rent, $246/mo net cash flow on a $169,000 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $46,692 and $1,557/yr in principal reduction project a total cumulative return of $80,059.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $246 | $1,500 |
City averages based on West Enfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,313 |
| Total Monthly Debt Service | $999 |
| DSCR Ratio | 1.31x |
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.
Manufactured
Built in 1999
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04493, West Enfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 681 (56.7%) |
| Renter Occupied HU | 100 ( 8.3%) |
| Vacant Housing Units | 419 (34.9%) |
| Median Home Value | $205,328 |
| Average Home Value | $261,399 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
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
Manufactured
Built in 1999
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04493, West Enfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 681 (56.7%) |
| Renter Occupied HU | 100 ( 8.3%) |
| Vacant Housing Units | 419 (34.9%) |
| Median Home Value | $205,328 |
| Average Home Value | $261,399 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Acres Away, Inc.
Mls Name: Maine Listings
Mls ID: #1638436