170 Grampys WayMonticelloME04760
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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 Monticello at 170 Grampys Way, Monticello, ME, 04760 uses $41,438 cash to close to unlock $2,399/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $989/mo, and a $612/mo payment keeps the spread at $200/mo. Purchase price stands at $125,000, and rental yield measures 9.49% with $989/mo rent. Return on cash invested shows 25.7% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 134.06% and total cumulative return in cash records $55,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $989/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 2015
29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04760, Monticello, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 384 (100%) |
| Owner Occupied HU | 269 (70.1%) |
| Renter Occupied HU | 53 (13.8%) |
| Vacant Housing Units | 62 (16.1%) |
| Median Home Value | $219,118 |
| Average Home Value | $352,993 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
187
Multi-Family
15
Businesses
20
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