1 Nichols StreetBathME04530
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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
Investment Highlights
Rental property for sale in Bath at 1 Nichols Street, Bath, ME, 04530 offers $1,853/mo rent that, after a $979/mo payment, leaves $573/mo cash flow. Total monthly income is $1,853/mo, and annual cash flow is $6,870/yr on $66,300 cash. Return on cash invested measures 30.27% in year one, and rental yield stands at 11.12% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 158.71% and total cumulative return in cash reaches $105,224. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,853/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04530, Bath, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,152 (100%) |
| Owner Occupied HU | 3,485 (56.6%) |
| Renter Occupied HU | 1,955 (31.8%) |
| Vacant Housing Units | 712 (11.6%) |
| Median Home Value | $374,912 |
| Average Home Value | $480,148 |
Housing Distribution
Address Breakdown
Residential
5,468
Single Family
5,211
Multi-Family
257
Businesses
441
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-08 | Sold | $200,000 |
| 2025-07-13 | Pending sale | $225,000 |
| 2025-07-06 | Price change | $225,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $2819.00 | 9.14% | $166,800 | 31.75% |
| 2022-10-18 | $2583.00 | 0.51% | $126,600 | N/A |
| 2021-10-18 | $2570.00 | N/A | $126,600 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1900
- Architectural Style: New Englander
- Building Area: 1,404
- Living Area: 1,404 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard
- Cooling: None
- Flooring: Wood, Tile
- Interior Features: Attic, Shower
- Exterior Features: N/A
- Parking Features: 1 - 4 Spaces, Gravel, Detached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • RE/MAX Riverside
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1621867
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