282 19th AvenueMadawaskaME04756
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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 Madawaska at 282 19th Avenue, Madawaska, ME, 04756 offers a 10.4% rental yield on a $309,000 purchase with $2,677/mo rent. Total monthly income registers $2,677/mo, and a $1,512/mo payment leaves $727/mo available for distribution. Annual cash flow reaches $8,727/yr on $102,434 to close, and return on cash invested stands at 28.43% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 148.73% and total cumulative return in cash at $152,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,677/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
10,018 sqft 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
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