400 E Main StreetMadawaskaME04756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 400 E Main Street, Madawaska, ME, 04756 at $139,900 posts ROI 24.23% with $167/mo cash flow from $1,050/mo rent. Total monthly income equals $1,050/mo, and annual cash flow records $2,002/yr on $46,377 to close. Return on cash invested measures 24.23% and rental yield reads 9.01% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 126.17% and total cumulative return in cash totals $58,515.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,050/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1926
2,613 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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Nearby investment properties with comparable prices
Listed by: N/A • NextHome Discover
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1620071
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