M16 L16A Walters IslandAugustaME04330
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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 Augusta at M16 L16A Walters Island, Augusta, ME, 04330 earns $179/mo cash flow from $968/mo rent with a $612/mo payment. Total monthly income totals $968/mo, and annual cash flow totals $2,147/yr on $41,438 capital. ROI tracks 25.09% on current figures, and rental yield reads 9.29% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 130.79% and total cumulative return in cash sums $54,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $968/mo property income instead of your personal income.
Single Family
Built in 1980
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04330, Augusta, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,622 (100%) |
| Owner Occupied HU | 7,903 (58.0%) |
| Renter Occupied HU | 4,434 (32.6%) |
| Vacant Housing Units | 1,285 ( 9.4%) |
| Median Home Value | $239,579 |
| Average Home Value | $264,116 |
Housing Distribution
Address Breakdown
Residential
12,582
Single Family
11,441
Multi-Family
1,141
Businesses
1,190
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