Lot 60-004 Merriman DriveBethelME04217
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find Lot 60-004 Merriman Drive, Bethel, ME, 04217 in Bethel hard to pass up. The 13.17% gross yield on a $175,000 purchase results in $1,920/mo in rent and $763/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.44). Annual cash flow of $9,162, five-year appreciation of $48,349, and $1,612/yr in equity build-up combine for a projected total cumulative return of $115,857.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 7.0% |
| Monthly Cash Flow | $763 | $450 |
City averages based on Bethel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,920 |
| Total Monthly Debt Service | $1,087 |
| DSCR Ratio | 1.77x |
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.
Lot
Built in N/A
1.26 Acres lot
$N/A/sqft
$625 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04217, Bethel, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,620 (100%) |
| Owner Occupied HU | 1,184 (45.2%) |
| Renter Occupied HU | 326 (12.4%) |
| Vacant Housing Units | 1,110 (42.4%) |
| Median Home Value | $303,704 |
| Average Home Value | $359,611 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,150
Multi-Family
54
Businesses
159
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
Lot
Built in N/A
1.26 Acres lot
$N/A/sqft
$625 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04217, Bethel, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,620 (100%) |
| Owner Occupied HU | 1,184 (45.2%) |
| Renter Occupied HU | 326 (12.4%) |
| Vacant Housing Units | 1,110 (42.4%) |
| Median Home Value | $303,704 |
| Average Home Value | $359,611 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,150
Multi-Family
54
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices