6 Lyons StMachiasME04654
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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 Machias at 6 Lyons St, Machias, ME, 04654 priced at $187,500 converts $2,192/mo rent into $1,008/mo cash flow after a $918/mo obligation. Total monthly income equals $2,192/mo, and annual cash flow totals $12,100/yr on $62,156 invested. Return on cash invested prints 39.38% in year one, and rental yield reads 14.03% against a $187,500 entry. Equity gained on principal adds $1,210/yr, while 5% annual appreciation compiles into $51,803 by year five. Five-year ROI reaches 207.44% and total cumulative return in cash sums $128,935. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,192/mo property income covering a $918/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04654, Machias, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,890 (100%) |
| Owner Occupied HU | 917 (48.5%) |
| Renter Occupied HU | 408 (21.6%) |
| Vacant Housing Units | 565 (29.9%) |
| Median Home Value | $147,135 |
| Average Home Value | $184,935 |
Housing Distribution
Address Breakdown
Residential
1,448
Single Family
1,302
Multi-Family
146
Businesses
213
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