18 Bruce StMachiasME04654
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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
Investment property for sale in Machias at 18 Bruce St, Machias, ME, 04654 with 5% annual appreciation on a $116,200 basis while $2,632/mo rent supports operations. Total monthly income totals $2,632/mo and a $569/mo payment preserves $1,804/mo for cash returns. Annual cash flow comes to $21,654/yr on $38,520 deployed, and return on cash invested reaches 76.12% in year one. Equity gained on principal adds $750/yr, and five-year appreciation sums $32,104 alongside rental yield of 27.18%. Five-year ROI measures 405.55% and total cumulative return in cash totals $156,218.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,632/mo property income versus a $569/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.34 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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