6 Daniel StGorhamME04038
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Nearby investment properties with comparable prices
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 Gorham at 6 Daniel St, Gorham, ME, 04038 earns $1,251/mo cash flow from $3,407/mo rent with a $1,672/mo payment. Total monthly income totals $3,407/mo, and annual cash flow totals $15,011/yr on $113,274 capital. ROI tracks 33.16% on current figures, and rental yield reads 11.96% at a $341,700 purchase. Equity gained on principal adds $2,205/yr, and 5% annual appreciation supports $94,405 over five years. Five-year ROI reaches 174.06% and total cumulative return in cash sums $197,160. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,407/mo property income instead of your personal income.
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04038, Gorham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,992 (100%) |
| Owner Occupied HU | 5,706 (81.6%) |
| Renter Occupied HU | 1,026 (14.7%) |
| Vacant Housing Units | 260 ( 3.7%) |
| Median Home Value | $517,175 |
| Average Home Value | $570,432 |
Housing Distribution
Address Breakdown
Residential
6,861
Single Family
6,498
Multi-Family
363
Businesses
515
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