Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Gorham at 20 Leavitt Drive, Gorham, ME, 04038 offers a 6.37% rental yield on a $665,000 purchase with $3,530/mo rent. 31% in year one. Equity gained on principal adds $4,291/yr while 5% annual appreciation supports $183,727 over five years. Portfolio math shows five-year ROI at 83.72% and total cumulative return in cash at $183,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,530/mo property income against a $3,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
2.81 Acres lot
$N/A/sqft
$199 annually HOA
Neighborhood data shown for ZIP Code: 04038, Gorham, ME area.
| 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 |
Residential
6,861
Single Family
6,498
Multi-Family
363
Businesses
515
Date | Event | Price |
|---|---|---|
| 2025-05-20 | Listed for sale | $665,000 |
| 2022-06-10 | Sold | $578,000 |
| 2022-04-12 | Pending sale | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-21 | $7619.00 | N/A | $554,100 | N/A |
| 2023-05-21 | $7619.00 | 7.01% | $554,100 | N/A |
| 2022-05-21 | $7120.00 | 30.33% | $554,100 | 92.73% |
Listed by: N/A • RE/MAX Oceanside
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1623300
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
