13 Mill Brook Road #AGrayME04039
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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 Gray at 13 Mill Brook Road #A, Gray, ME, 04039 generates $1,678/mo in rent and, after a $1,150/mo payment, leaves $195/mo in cash flow. Total monthly income is $1,678/mo, and annual cash flow is $2,341/yr on $77,903 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 8.57% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 119.19% and total cumulative return in cash sums $92,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,678/mo property income rather than buyer’s personal income.
Condo
Built in 1985
9.60 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,394
Single Family
3,350
Multi-Family
44
Businesses
305
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