9 Spring StreetMadisonME04950
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 9 Spring Street, Madison, ME, 04950 in Madison: $2,179/mo in rent, $545/mo net, 10.1% gross yield, all on a $259,000 acquisition. The 1.87 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $71,557 in value, and $2,385/yr in principal paydown steadily builds equity. Projected total cumulative return: $133,397.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.1% |
| Monthly Cash Flow | $545 | $550 |
City averages based on Madison market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,179 |
| Total Monthly Debt Service | $1,532 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
0.46 Acres 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
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
Single Family
Built in 1956
0.46 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices