38 Blackthorne LaneGrayME04039
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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 Gray at 38 Blackthorne Lane, Gray, ME, 04039 at $1,180,000 posts ROI 10.82% with from $4,405/mo rent. Total monthly income equals $4,405/mo. Return on cash invested measures 10.82% and rental yield reads 4.48% at the current $1,180,000. Equity gained on principal adds $7,614/yr, and 5% annual appreciation supports $326,012 by year five. Five-year ROI prints 54.17% and total cumulative return in cash totals $207,116. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,405/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04039, Gray, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,133 (100%) |
| Owner Occupied HU | 2,977 (72.0%) |
| Renter Occupied HU | 636 (15.4%) |
| Vacant Housing Units | 520 (12.6%) |
| Median Home Value | $384,411 |
| Average Home Value | $424,645 |
Housing Distribution
Address Breakdown
Residential
3,394
Single Family
3,350
Multi-Family
44
Businesses
305
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