196 Aspen RoadMadawaskaME04756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Madawaska at 196 Aspen Road, Madawaska, ME, 04756 priced at $259,000 converts $1,815/mo rent into $180/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,815/mo, and annual cash flow totals $2,161/yr on $85,859 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 8.41% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 116.55% and total cumulative return in cash sums $100,072. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,815/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1983
68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04756, Madawaska, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,871 (100%) |
| Owner Occupied HU | 1,103 (59.0%) |
| Renter Occupied HU | 511 (27.3%) |
| Vacant Housing Units | 257 (13.7%) |
| Median Home Value | $156,032 |
| Average Home Value | $170,884 |
Housing Distribution
Address Breakdown
Residential
1,604
Single Family
1,469
Multi-Family
135
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices