62 Main StreetJayME04239
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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
Rental property for sale in Jay at 62 Main Street, Jay, ME, 04239 generates $0/mo in rent, after a $514/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.94% in year one, and rental yield is 0% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04239, Jay, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,319 (100%) |
| Owner Occupied HU | 1,737 (74.9%) |
| Renter Occupied HU | 372 (16.0%) |
| Vacant Housing Units | 210 ( 9.1%) |
| Median Home Value | $159,811 |
| Average Home Value | $176,523 |
Housing Distribution
Address Breakdown
Residential
2,063
Single Family
1,982
Multi-Family
81
Businesses
105
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