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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Augusta at 2 First Avenue, Augusta, ME, 04330 earns $885/mo cash flow from $2,400/mo rent with a $1,175/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $10,620/yr on $79,560 capital. ROI tracks 33.26% on current figures, and rental yield reads 12% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 174.57% and total cumulative return in cash sums $138,890. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 1948
10,018 sqft 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $240,000 |
| 2025-03-04 | Listing removed | $240,000 |
| 2025-02-17 | Price change | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-29 | $1807.00 | 4.75% | $78,700 | N/A |
| 2022-04-29 | $1725.00 | 4.67% | $78,700 | N/A |
| 2021-04-29 | $1648.00 | N/A | $78,700 | N/A |
Listed by: N/A • Fontaine Family-The Real Estate Leader
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1619384
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
