509 Main StreetEast MachiasME04630
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
Rental property for sale in East Machias at 509 Main Street, East Machias, ME, 04630 generates $884/mo in rent, after a $4,650/mo payment. Total monthly income is $884/mo. Return on cash invested sits at 0.43% in year one, and rental yield is 1.12% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $884/mo property income rather than buyer’s personal income.
Single Family
Built in 1874
3.46 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Elevate Maine Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1604599
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782