564 Kenduskeag Avenue, Bangor, ME, 04401 | $815/mo Cash Flow

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bangor at 564 Kenduskeag Avenue, Bangor, ME, 04401 priced at $524,900 converts $4,128/mo rent into $815/mo cash flow after a $2,569/mo obligation. Total monthly income equals $4,128/mo, and annual cash flow totals $9,785/yr on $172,692 invested. Return on cash invested prints 25.73% in year one, and rental yield reads 9.44% against a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation compiles into $145,020 by year five. Five-year ROI reaches 134.17% and total cumulative return in cash sums $231,709. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,128/mo property income covering a $2,569/mo payment, not borrower’s personal income.

Single Family

Built in 2023

0.87 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome HOME to a beautifully updated contemporary tri-level that blends warmth, character, and modern comfort in one of Bangor's most desirable neighborhoods. With 2,836 sq. ft. of thoughtful living spaceincluding a bright, finished walk-out lower levelthis home offers room to grow, gather, and truly breathe. The heart of the home is the stunning granite kitchen, featuring Energy Star stainless steel appliances and an open layout perfect for cooking, celebrating, and connecting with the people you love. Oversized windows spill light into the living and dining areas, creating a sense of serenity throughout. Upstairs, generous bedrooms and a peaceful primary suite provide quiet retreats at the end of the day. The expansive yard is a rare findideal for play, pets, gardens, or simply enjoying Maine's seasons. Appliances include a refrigerator, range, oven, microwave, dishwasher, and washer/dryer combo. This home offers both comfort and convenience. Just minutes to schools, hospitals, shopping, Husson University, and the airportthis is where your next chapter begins.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04401, Bangor, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,989 (100%)
Owner Occupied HU	11,478 (52.2%)
Renter Occupied HU	8,838 (40.2%)
Vacant Housing Units	1,673 ( 7.6%)
Median Home Value	$297,425
Average Home Value	$331,226