11 Gardner AvenueMachiasME04654
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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 Machias at 11 Gardner Avenue, Machias, ME, 04654 generates $3,367/mo in rent and, after a $1,664/mo payment, leaves $1,221/mo in cash flow. Total monthly income is $3,367/mo, and annual cash flow is $14,658/yr on $112,677 invested. Return on cash invested sits at 32.92% in year one, and rental yield is 11.89% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 172.78% and total cumulative return in cash sums $194,687. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,367/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04654, Machias, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,890 (100%) |
| Owner Occupied HU | 917 (48.5%) |
| Renter Occupied HU | 408 (21.6%) |
| Vacant Housing Units | 565 (29.9%) |
| Median Home Value | $147,135 |
| Average Home Value | $184,935 |
Housing Distribution
Address Breakdown
Residential
1,448
Single Family
1,302
Multi-Family
146
Businesses
213
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