487 Gray RoadNorth YarmouthME04097
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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 North Yarmouth at 487 Gray Road, North Yarmouth, ME, 04097 with 5% annual appreciation on a $949,000 basis while $4,780/mo rent supports operations. 41% in year one. Equity gained on principal adds $6,124/yr, and five-year appreciation sums $262,191 alongside rental yield of 6.04%. Five-year ROI measures 78.85% and total cumulative return in cash totals $246,192. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,780/mo property income versus a $4,645/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04097, North Yarmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,629 (100%) |
| Owner Occupied HU | 1,447 (88.8%) |
| Renter Occupied HU | 143 ( 8.8%) |
| Vacant Housing Units | 39 ( 2.4%) |
| Median Home Value | $586,659 |
| Average Home Value | $636,885 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,653
Multi-Family
0
Businesses
37
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Listed by: N/A • Real Broker
Mls Name: Maine Listings
Mls ID: #1646455