945 Collinstown RdAppletonME04862
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 945 Collinstown Rd, Appleton, ME, 04862 in Appleton hard to pass up. The 26.75% gross yield on a $123,100 purchase results in $2,744/mo in rent and $1,880/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (4.95). Annual cash flow of $22,564, five-year appreciation of $34,010, and $1,134/yr in equity build-up combine for a projected total cumulative return of $168,091.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 26.8% | 7.0% |
| Monthly Cash Flow | $1,880 | $600 |
City averages based on Appleton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,744 |
| Total Monthly Debt Service | $815 |
| DSCR Ratio | 3.37x |
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.
Apartment
Built in N/A
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04862, Union, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,073 (100%) |
| Owner Occupied HU | 1,521 (73.4%) |
| Renter Occupied HU | 191 ( 9.2%) |
| Vacant Housing Units | 361 (17.4%) |
| Median Home Value | $318,608 |
| Average Home Value | $347,939 |
Housing Distribution
Address Breakdown
Residential
1,503
Single Family
1,503
Multi-Family
0
Businesses
84
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
Apartment
Built in N/A
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04862, Union, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,073 (100%) |
| Owner Occupied HU | 1,521 (73.4%) |
| Renter Occupied HU | 191 ( 9.2%) |
| Vacant Housing Units | 361 (17.4%) |
| Median Home Value | $318,608 |
| Average Home Value | $347,939 |
Housing Distribution
Address Breakdown
Residential
1,503
Single Family
1,503
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices