420 Spring StMadawaskaME04756
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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 Madawaska at 420 Spring St, Madawaska, ME, 04756 priced at $204,600 converts $2,347/mo rent into $1,056/mo cash flow after a $1,001/mo obligation. Total monthly income equals $2,347/mo, and annual cash flow totals $12,674/yr on $67,825 invested. Return on cash invested prints 38.6% in year one, and rental yield reads 13.77% against a $204,600 entry. Equity gained on principal adds $1,320/yr, while 5% annual appreciation compiles into $56,527 by year five. Five-year ROI reaches 203.25% and total cumulative return in cash sums $137,856. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,347/mo property income covering a $1,001/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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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