293 Intervale RoadJayME04239
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 Jay at 293 Intervale Road, Jay, ME, 04239 priced at $245,000 pairs $2,398/mo rent with $852/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,398/mo, and annual cash flow comes to $10,223/yr on $81,218 invested. Return on cash invested is 32.5% in year one, and rental yield stands at 11.75% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 170.51% and total cumulative return in cash reaches $138,480. For financing, Ziffy Mortgage’s DSCR program evaluates $2,398/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
15 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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