281 Gile RoadWest NewfieldME04095
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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 West Newfield at 281 Gile Road, West Newfield, ME, 04095 priced at $349,000 pairs $2,807/mo rent with $605/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,807/mo, and annual cash flow comes to $7,255/yr on $115,694 invested. Return on cash invested is 26.18% in year one, and rental yield stands at 9.65% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 136.63% and total cumulative return in cash reaches $158,076. For financing, Ziffy Mortgage’s DSCR program evaluates $2,807/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04095, West Newfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,236 (100%) |
| Owner Occupied HU | 671 (54.3%) |
| Renter Occupied HU | 81 ( 6.6%) |
| Vacant Housing Units | 484 (39.2%) |
| Median Home Value | $363,298 |
| Average Home Value | $445,175 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
617
Multi-Family
0
Businesses
19
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Listed by: N/A • Dream Home Realty LLC
Mls Name: Maine Listings
Mls ID: #1649040