23 Gregory DriveSanfordME04073
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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
Investment property for sale in Sanford at 23 Gregory Drive, Sanford, ME, 04073 at $217,000 posts ROI 33.2% with $797/mo cash flow from $2,166/mo rent. Total monthly income equals $2,166/mo, and annual cash flow records $9,559/yr on $71,936 to close. Return on cash invested measures 33.2% and rental yield reads 11.98% at the current $217,000. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 by year five. Five-year ROI prints 174.28% and total cumulative return in cash totals $125,369.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,166/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1971
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04073, Sanford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,136 (100%) |
| Owner Occupied HU | 4,936 (60.7%) |
| Renter Occupied HU | 2,604 (32.0%) |
| Vacant Housing Units | 596 ( 7.3%) |
| Median Home Value | $339,521 |
| Average Home Value | $423,443 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
7,088
Multi-Family
398
Businesses
589
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