Lot 5 Clarks Bridge RoadWaterboroME04087
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, Lot 5 Clarks Bridge Road, Waterboro, ME, 04087 in Waterboro is listed at $395,600 and delivers $2,795/mo in rent and $298/mo in net monthly cash flow. The 8.48% yield and 1.57 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $109,297 over five years, and $3,644/yr in principal reduction supplements cash return. Total projected cumulative return: $169,421.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.1% |
| Monthly Cash Flow | $298 | $450 |
City averages based on Waterboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,795 |
| Total Monthly Debt Service | $2,339 |
| DSCR Ratio | 1.19x |
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 2026
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04087, Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,072 (100%) |
| Owner Occupied HU | 789 (73.6%) |
| Renter Occupied HU | 123 (11.5%) |
| Vacant Housing Units | 160 (14.9%) |
| Median Home Value | $403,202 |
| Average Home Value | $440,003 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
74
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 2026
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04087, Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,072 (100%) |
| Owner Occupied HU | 789 (73.6%) |
| Renter Occupied HU | 123 (11.5%) |
| Vacant Housing Units | 160 (14.9%) |
| Median Home Value | $403,202 |
| Average Home Value | $440,003 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices