4 Monroe StreetAugustaME04330
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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
Rental property for sale in Augusta at 4 Monroe Street, Augusta, ME, 04330 priced at $235,000 pairs $2,078/mo rent with $595/mo cash flow after a $1,150/mo payment. Total monthly income equals $2,078/mo, and annual cash flow comes to $7,141/yr on $77,903 invested. Return on cash invested is 29.08% in year one, and rental yield stands at 10.61% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 152.23% and total cumulative return in cash reaches $118,588. For financing, Ziffy Mortgage’s DSCR program evaluates $2,078/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1876
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04330, Augusta, ME area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,582
Single Family
11,441
Multi-Family
1,141
Businesses
1,190
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