37-38 Gerber LaneMonmouthME04259
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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
Investment property for sale in Monmouth at 37-38 Gerber Lane, Monmouth, ME, 04259 earns from $1,380/mo rent with a $3,304/mo payment. Total monthly income totals $1,380/mo. ROI tracks 4.5% on current figures, and rental yield reads 2.45% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 20.32% and total cumulative return in cash sums $45,123. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,380/mo property income instead of your personal income.
Single Family
Built in 1961
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04259, Monmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,137 (66.5%) |
| Renter Occupied HU | 156 ( 9.1%) |
| Vacant Housing Units | 416 (24.3%) |
| Median Home Value | $310,430 |
| Average Home Value | $348,881 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,252
Multi-Family
34
Businesses
72
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