76 Pine StreetMadisonME04950
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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 Madison at 76 Pine Street, Madison, ME, 04950 priced at $220,000 converts $1,518/mo rent into $129/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,518/mo, and annual cash flow totals $1,552/yr on $72,930 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 8.28% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 114.45% and total cumulative return in cash sums $83,471. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,518/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1920
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04950, Madison, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,448 (100%) |
| Owner Occupied HU | 1,512 (61.8%) |
| Renter Occupied HU | 553 (22.6%) |
| Vacant Housing Units | 383 (15.6%) |
| Median Home Value | $158,716 |
| Average Home Value | $228,649 |
Housing Distribution
Address Breakdown
Residential
2,128
Single Family
2,128
Multi-Family
0
Businesses
157
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