








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Augusta at 16 Garden Way, Augusta, ME, 04330 generates $779/mo in rent and, after a $489/mo payment, leaves $148/mo in cash flow. Total monthly income is $779/mo, and annual cash flow is $1,780/yr on $33,150 invested. Return on cash invested sits at 25.28% in year one, and rental yield is 9.35% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 131.89% and total cumulative return in cash sums $43,720. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $779/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04330, Augusta, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 7,903 (58.0%) |
| Renter Occupied HU | 4,434 (32.6%) |
| Vacant Housing Units | 1,285 ( 9.4%) |
| Median Home Value | $239,579 |
| Average Home Value | $264,116 |
Residential
12,582
Single Family
11,441
Multi-Family
1,141
Businesses
1,190
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • LAER
Mls Name: Maine Listings
Mls ID: #1637243