167 Center RoadGrayME04039
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 167 Center Road, Gray, ME, 04039 priced at $355,000 pairs $2,783/mo rent with $542/mo cash flow after a $1,738/mo payment. Total monthly income equals $2,783/mo, and annual cash flow comes to $6,505/yr on $117,683 invested. Return on cash invested is 25.44% in year one, and rental yield stands at 9.41% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 132.68% and total cumulative return in cash reaches $156,144. For financing, Ziffy Mortgage’s DSCR program evaluates $2,783/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
1.94 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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