20 Tamarack Cir, Gorham, ME, 04038 | 8.26% 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 Gorham at 20 Tamarack Cir, Gorham, ME, 04038 earns from $1,377/mo rent with a $979/mo payment. Total monthly income totals $1,377/mo. ROI tracks 10.8% on current figures, and rental yield reads 8.26% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 58.22% and total cumulative return in cash sums $38,600. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,377/mo property income instead of your personal income.

Manufactured

Built in 1998

N/A lot

$N/A/sqft

$618 monthly 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