244 S Main StreetMachiasME04654
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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 244 S Main Street, Machias, ME, 04654 earns $231/mo cash flow from $1,020/mo rent with a $612/mo payment. Total monthly income totals $1,020/mo, and annual cash flow totals $2,771/yr on $41,438 capital. ROI tracks 26.6% on current figures, and rental yield reads 9.79% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 138.87% and total cumulative return in cash sums $57,545. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,020/mo property income instead of your personal income.
Single Family
Built in 2018
45 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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