1015 Main StJayME04239
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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
Rental property for sale in Jay at 1015 Main St, Jay, ME, 04239 generates $2,377/mo in rent and, after a $662/mo payment, leaves $1,523/mo in cash flow. Total monthly income is $2,377/mo, and annual cash flow is $18,280/yr on $44,852 invested. Return on cash invested sits at 60.66% in year one, and rental yield is 21.08% on a $135,300 entry. Equity gained on principal adds $873/yr, while 5% annual appreciation builds toward $37,381 over five years. Five-year ROI reaches 321.62% and total cumulative return in cash sums $144,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,377/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04239, Jay, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,319 (100%) |
| Owner Occupied HU | 1,737 (74.9%) |
| Renter Occupied HU | 372 (16.0%) |
| Vacant Housing Units | 210 ( 9.1%) |
| Median Home Value | $159,811 |
| Average Home Value | $176,523 |
Housing Distribution
Address Breakdown
Residential
2,063
Single Family
1,982
Multi-Family
81
Businesses
105
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