17 Callaway Drive #17, Gray, ME, 04039 | 4.05% Rental Yield

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 17 Callaway Drive #17, Gray, ME, 04039 offers a 4.05% rental yield on a $675,000 purchase with $2,280/mo rent. 36% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 46.4% and total cumulative return in cash at $103,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2016

N/A 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