107 W Gray Road, Gray, ME, 04039 | $499/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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107 W Gray Road, Gray, ME, 04039 | $499/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gray at 107 W Gray Road, Gray, ME, 04039 earns $499/mo cash flow from $2,518/mo rent with a $1,566/mo payment. Total monthly income totals $2,518/mo, and annual cash flow totals $5,984/yr on $106,080 capital. ROI tracks 25.55% on current figures, and rental yield reads 9.44% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 133.25% and total cumulative return in cash sums $141,351. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,518/mo property income instead of your personal income.

Single Family

Built in 1957

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Cute, cozy and convenient to everything. Whether you're just starting out, downsizing or simply looking for an easy to heat and maintain property, this well loved home is ready for its new owners. Enjoy a spacious corner lot with lots of green grass, blue skies and a full basement. The bright and spacious breezeway is perfect for enjoying in every season with a working monitor heater that keeps it toasty warm. The generator hook up makes it easy to be prepared. The driveway once had entrance on Wheeler Rd side, a slower paced road that is perfect for walking. The new homeowners can apply to the town to restore the Wheeler Rd entrance if desired. This home sits less than five miles to public lakes and beaches, the Maine Wildlife Park, town fire and state police departments, disc golf, shopping, dining and less than a mile from the pharmacy and the Gray turnpike. Fantastic location. Come and see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04039, Gray, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,133 (100%)
Owner Occupied HU	2,977 (72.0%)
Renter Occupied HU	636 (15.4%)
Vacant Housing Units	520 (12.6%)
Median Home Value	$384,411
Average Home Value	$424,645