62 Grey RoadGreeneME04236
Nearby investment properties with comparable rents
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 Greene at 62 Grey Road, Greene, ME, 04236 at $799,777 posts ROI 20.85% with $174/mo cash flow from $5,222/mo rent. Total monthly income equals $5,222/mo, and annual cash flow records $2,088/yr on $263,127 to close. Return on cash invested measures 20.85% and rental yield reads 7.84% at the current $799,777. Equity gained on principal adds $5,161/yr, and 5% annual appreciation supports $220,964 by year five. Five-year ROI prints 108.03% and total cumulative return in cash totals $284,254.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,222/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1915
11.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04236, Greene, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,017 (100%) |
| Owner Occupied HU | 1,574 (78.0%) |
| Renter Occupied HU | 227 (11.3%) |
| Vacant Housing Units | 216 (10.7%) |
| Median Home Value | $331,173 |
| Average Home Value | $350,681 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
68
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Nearby investment properties with comparable prices
Listed by: N/A • Tim Dunham Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1593587
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782