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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 27 Meadowbrook Drive UNIT 4, Gorham, ME, 04038 at $325,000 posts ROI 27.21% with $656/mo cash flow from $3,107/mo rent. Total monthly income equals $3,107/mo, and annual cash flow records $7,867/yr on $107,738 to close. Return on cash invested measures 27.21% and rental yield reads 11.47% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 143.78% and total cumulative return in cash totals $154,909.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,107/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1987
0.50 Acres lot
$N/A/sqft
$400 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 |
|---|---|---|
| 2024-10-08 | Price change | $325,000 |
| 2024-09-27 | Listed for sale | $340,000 |
| 2024-09-20 | Pending sale | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-16 | $3090.00 | 22.81% | $240,500 | 81.65% |
| 2020-10-16 | $2516.00 | 0.28% | $132,400 | N/A |
| 2019-10-16 | $2509.00 | 4.11% | $132,400 | N/A |
Listed by: N/A • Locations Real Estate Group LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1601897
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
