980 E Madison RoadMadisonME04950
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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 Madison at 980 E Madison Road, Madison, ME, 04950 offers a 6.24% rental yield on a $285,000 purchase with $1,483/mo rent. 9% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 81.54% and total cumulative return in cash at $77,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,483/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1916
1.50 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
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