5 Gomez RdPhippsburgME04562
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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 Phippsburg at 5 Gomez Rd, Phippsburg, ME, 04562 uses $54,134 cash to close to unlock $22,580/yr annual cash flow and $1,882/mo monthly cash flow. Total monthly income runs $2,912/mo, and a $799/mo payment keeps the spread at $1,882/mo. Purchase price stands at $163,300, and rental yield measures 21.4% with $2,912/mo rent. Return on cash invested shows 61.62% in year one, and 5% annual appreciation builds toward $45,117 over five years. Five-year ROI reaches 326.71% and total cumulative return in cash records $176,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,912/mo property income covering a $799/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04562, Phippsburg, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 897 (48.8%) |
| Renter Occupied HU | 106 ( 5.8%) |
| Vacant Housing Units | 834 (45.4%) |
| Median Home Value | $443,333 |
| Average Home Value | $508,138 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,010
Multi-Family
0
Businesses
39
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