6 Midnight Way, Gorham, ME, 04038 | 4.07% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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6 Midnight Way, Gorham, ME, 04038 | 4.07% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gorham at 6 Midnight Way, Gorham, ME, 04038 at $779,000 posts ROI 9.4% with from $2,640/mo rent. Total monthly income equals $2,640/mo. Return on cash invested measures 9.4% and rental yield reads 4.07% at the current $779,000. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 by year five. Five-year ROI prints 46.62% and total cumulative return in cash totals $119,486. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2006

1.05 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 6 Midnight Way - a pristine, high-end home designed for both elegance and comfort. This stunning residence offers 3 bedrooms and 2 baths, including two first-floor bedroomsone being a spacious primary suite. Inside, every detail speaks of quality, from the chef's kitchen with custom cabinetry to the soaring ceilings and thoughtfully designed bathrooms. The home is equipped with a top-of-the-line Buderus boiler, ensuring efficient heating, and the attached two-car garage provides direct access to a full, dry basement. Set on a beautifully landscaped corner lot, the property features a full irrigation system to keep the grounds lush and vibrant. Located in a sought-after subdivision of upscale homes, the setting is peaceful and private, yet only moments away from all that Gorham has to offer. This smoke-free, pet-free home has been impeccably maintained and is truly move-in ready. If you're looking for luxury, convenience, and timeless quality, this home is a must-see!

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