152 Mckeen Street UNIT A3BrunswickME04011
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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 Brunswick at 152 Mckeen Street UNIT A3, Brunswick, ME, 04011 priced at $235,000 converts $2,551/mo rent into $718/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,551/mo, and annual cash flow totals $8,617/yr on $77,903 invested. Return on cash invested prints 30.97% in year one, and rental yield reads 13.03% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 164.32% and total cumulative return in cash sums $128,008. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,551/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$350 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04011, Brunswick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,568 (100%) |
| Owner Occupied HU | 6,788 (64.2%) |
| Renter Occupied HU | 2,897 (27.4%) |
| Vacant Housing Units | 883 ( 8.4%) |
| Median Home Value | $466,100 |
| Average Home Value | $490,432 |
Housing Distribution
Address Breakdown
Residential
10,296
Single Family
8,410
Multi-Family
1,886
Businesses
1,082
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Listed for sale | $235,000 |
| 2021-07-30 | Sold | $175,000 |
| 2021-06-29 | Pending sale | $175,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-15 | $2581.00 | 6.48% | $119,000 | N/A |
| 2020-10-15 | $2424.00 | 3.28% | $119,000 | N/A |
| 2019-10-15 | $2347.00 | 4.26% | $119,000 | N/A |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1988
- Architectural Style: Farmhouse
- Building Area: 776
- Living Area: 776 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Hot Water, Baseboard
- Cooling: None
- Flooring: N/A
- Interior Features: 1st Floor Bedroom
- Exterior Features: N/A
- Parking Features: Paved, Common, On Site
Location
HOA & Fees
- HOA Fee: $350 monthly
- Association Fee: $350 monthly
- 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 • Legacy Properties Sotheby's International Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1606438
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782