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 26 Joseph Dr, Gorham, ME, 04038 with 5% annual appreciation on a $495,000 basis while $3,245/mo rent supports operations. 78% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 7.87%. Five-year ROI measures 97.69% and total cumulative return in cash totals $160,294. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,245/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2000
4,791 sqft lot
$N/A/sqft
$275 monthly 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $495,000 |
| 2017-04-14 | Sold | $210,000 |
| 2012-06-01 | Listing removed | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $3429.00 | N/A | $249,400 | N/A |
| 2023-04-25 | $3429.00 | 6.99% | $249,400 | N/A |
| 2022-04-25 | $3205.00 | -9.03% | $249,400 | 34.52% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
