18 Maple StreetSkowheganME04976
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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 Skowhegan at 18 Maple Street, Skowhegan, ME, 04976 generates $3,450/mo in rent and, after a $1,713/mo payment, leaves $1,241/mo in cash flow. Total monthly income is $3,450/mo, and annual cash flow is $14,894/yr on $116,022 invested. Return on cash invested sits at 32.75% in year one, and rental yield is 11.83% on a $349,990 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,696 over five years. Five-year ROI reaches 171.88% and total cumulative return in cash sums $199,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,450/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04976, Skowhegan, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,990 (100%) |
| Owner Occupied HU | 2,937 (58.9%) |
| Renter Occupied HU | 1,488 (29.8%) |
| Vacant Housing Units | 565 (11.3%) |
| Median Home Value | $191,243 |
| Average Home Value | $232,858 |
Housing Distribution
Address Breakdown
Residential
4,559
Single Family
4,330
Multi-Family
229
Businesses
426
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