150 Brackett RoadGorhamME04038
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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 Gorham at 150 Brackett Road, Gorham, ME, 04038 listed at $449,900 pairs $3,600/mo rent with a $2,202/mo payment to leave $761/mo cash flow. Total monthly income runs $3,600/mo, and annual cash flow reaches $9,128/yr on $149,142 cash to close. Return on cash invested measures 26.03% in year one, and rental yield registers 9.6% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 135.82% and total cumulative return in cash totals $202,558. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
4.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04038, Gorham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,992 (100%) |
| Owner Occupied HU | 5,706 (81.6%) |
| Renter Occupied HU | 1,026 (14.7%) |
| Vacant Housing Units | 260 ( 3.7%) |
| Median Home Value | $517,175 |
| Average Home Value | $570,432 |
Housing Distribution
Address Breakdown
Residential
6,861
Single Family
6,498
Multi-Family
363
Businesses
515
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