96 N Main StreetMilbridgeME04658
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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
Investment property for sale in Milbridge at 96 N Main Street, Milbridge, ME, 04658 offers a 10.53% rental yield on a $199,500 purchase with $1,751/mo rent. Total monthly income registers $1,751/mo, and a $976/mo payment leaves $492/mo available for distribution. Annual cash flow reaches $5,908/yr on $66,134 to close, and return on cash invested stands at 28.84% in year one. Equity gained on principal adds $1,287/yr while 5% annual appreciation supports $55,118 over five years. Portfolio math shows five-year ROI at 150.94% and total cumulative return in cash at $99,823. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,751/mo property income against a $976/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04658, Milbridge, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 477 (52.4%) |
| Renter Occupied HU | 124 (13.6%) |
| Vacant Housing Units | 309 (34.0%) |
| Median Home Value | $253,869 |
| Average Home Value | $279,555 |
Housing Distribution
Address Breakdown
Residential
540
Single Family
486
Multi-Family
54
Businesses
65
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