23 Smith AveJayME04239
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
Investment property for sale in Jay at 23 Smith Ave, Jay, ME, 04239 at $273,600 posts ROI 29.7% with $740/mo cash flow from $2,467/mo rent. Total monthly income equals $2,467/mo, and annual cash flow records $8,885/yr on $90,698 to close. Return on cash invested measures 29.7% and rental yield reads 10.82% at the current $273,600. Equity gained on principal adds $1,766/yr, and 5% annual appreciation supports $75,591 by year five. Five-year ROI prints 155.56% and total cumulative return in cash totals $141,087.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,467/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04239, Jay, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,319 (100%) |
| Owner Occupied HU | 1,737 (74.9%) |
| Renter Occupied HU | 372 (16.0%) |
| Vacant Housing Units | 210 ( 9.1%) |
| Median Home Value | $159,811 |
| Average Home Value | $176,523 |
Housing Distribution
Address Breakdown
Residential
2,063
Single Family
1,982
Multi-Family
81
Businesses
105
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