93 Union StreetOronoME04473
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.04% yield at 93 Union Street, Orono, ME, 04473 in Orono is solid, but the $1,933/mo payment compresses net cash flow to $167/mo at $429,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $118,773 by year five, and $3,959/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.49) without U.S. income documentation. Total projected return: $173,976.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 7.0% |
| Monthly Cash Flow | $167 | $300 |
City averages based on Orono market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,880 |
| Total Monthly Debt Service | $2,542 |
| DSCR Ratio | 1.13x |
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 2025
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04473, Orono, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,854 (100%) |
| Owner Occupied HU | 1,396 (36.2%) |
| Renter Occupied HU | 2,039 (52.9%) |
| Vacant Housing Units | 419 (10.9%) |
| Median Home Value | $333,333 |
| Average Home Value | $351,250 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,054
Multi-Family
304
Businesses
198
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 2025
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04473, Orono, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,854 (100%) |
| Owner Occupied HU | 1,396 (36.2%) |
| Renter Occupied HU | 2,039 (52.9%) |
| Vacant Housing Units | 419 (10.9%) |
| Median Home Value | $333,333 |
| Average Home Value | $351,250 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,054
Multi-Family
304
Businesses
198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1625556
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