23 Mountain View RdGrayME04039
Nearby investment properties with comparable rents
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
Rental property for sale in Gray at 23 Mountain View Rd, Gray, ME, 04039 priced at $691,100 pairs $4,715/mo rent with $353/mo cash flow after a $3,383/mo payment. Total monthly income equals $4,715/mo, and annual cash flow comes to $4,235/yr on $227,372 invested. Return on cash invested is 21.92% in year one, and rental yield stands at 8.19% on a $691,100 basis. Equity gained on principal adds $4,460/yr, and 5% annual appreciation accumulates to $190,938 by year five. Five-year ROI measures 113.77% and total cumulative return in cash reaches $258,677. For financing, Ziffy Mortgage’s DSCR program evaluates $4,715/mo property income against a $3,383/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
2 Acres 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 |
Housing Distribution
Address Breakdown
Residential
3,394
Single Family
3,350
Multi-Family
44
Businesses
305
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