35 Mathews Avenue #43WatervilleME04901
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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 Waterville at 35 Mathews Avenue #43, Waterville, ME, 04901 listed at $136,600 pairs $1,910/mo rent with a $669/mo payment to leave $738/mo cash flow. Total monthly income runs $1,910/mo, and annual cash flow reaches $8,862/yr on $45,283 cash to close. Return on cash invested measures 39.48% in year one, and rental yield registers 16.78% at a $136,600 basis. Equity gained on principal adds $881/yr, and annual property appreciation at 5% supports $37,740 by year five. Five-year ROI tracks 210.99% and total cumulative return in cash totals $95,543. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,910/mo property income relative to a $669/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
$309 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04901, Waterville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,740 (100%) |
| Owner Occupied HU | 7,081 (55.6%) |
| Renter Occupied HU | 4,624 (36.3%) |
| Vacant Housing Units | 1,035 ( 8.1%) |
| Median Home Value | $219,128 |
| Average Home Value | $243,970 |
Housing Distribution
Address Breakdown
Residential
11,552
Single Family
10,471
Multi-Family
1,081
Businesses
922
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Listed by: N/A • Coldwell Banker Plourde Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1623148
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