31 Graves WayShirley MillsME04485
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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 Shirley Mills at 31 Graves Way, Shirley Mills, ME, 04485 priced at $149,900 converts $1,158/mo rent into $212/mo cash flow after a $734/mo obligation. Total monthly income equals $1,158/mo, and annual cash flow totals $2,540/yr on $49,692 invested. Return on cash invested prints 25.02% in year one, and rental yield reads 9.27% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 130.45% and total cumulative return in cash sums $64,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,158/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 1975
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04485, Shirley Mills, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 81 (100%) |
| Owner Occupied HU | 36 (44.4%) |
| Renter Occupied HU | 3 ( 3.7%) |
| Vacant Housing Units | 42 (51.9%) |
| Median Home Value | $260,000 |
| Average Home Value | $296,736 |
Housing Distribution
Address Breakdown
Residential
108
Single Family
108
Multi-Family
0
Businesses
2
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Listed by: N/A • NEBO Realty Firm
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1613066
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782