12 Abby LaneNew GloucesterME04260
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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 New Gloucester at 12 Abby Lane, New Gloucester, ME, 04260 earns $219/mo cash flow from $1,791/mo rent with a $1,219/mo payment. Total monthly income totals $1,791/mo, and annual cash flow totals $2,631/yr on $82,544 capital. ROI tracks 23.1% on current figures, and rental yield reads 8.63% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 120.15% and total cumulative return in cash sums $99,176. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,791/mo property income instead of your personal income.
Manufactured
Built in 2014
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04260, New Gloucester, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,482 (100%) |
| Owner Occupied HU | 2,010 (81.0%) |
| Renter Occupied HU | 292 (11.8%) |
| Vacant Housing Units | 180 ( 7.3%) |
| Median Home Value | $398,868 |
| Average Home Value | $412,267 |
Housing Distribution
Address Breakdown
Residential
2,264
Single Family
2,264
Multi-Family
0
Businesses
155
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Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls ID: #1641767