623 Gore RdOtisfieldME04270
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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 Otisfield at 623 Gore Rd, Otisfield, ME, 04270 generates $3,966/mo in rent and, after a $1,631/mo payment, leaves $1,863/mo in cash flow. Total monthly income is $3,966/mo, and annual cash flow is $22,356/yr on $110,456 invested. Return on cash invested sits at 40.15% in year one, and rental yield is 14.28% on a $333,200 entry. Equity gained on principal adds $2,150/yr, while 5% annual appreciation builds toward $92,057 over five years. Five-year ROI reaches 211.52% and total cumulative return in cash sums $233,635. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,966/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04270, Oxford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,633 (100%) |
| Owner Occupied HU | 2,186 (60.2%) |
| Renter Occupied HU | 418 (11.5%) |
| Vacant Housing Units | 1,029 (28.3%) |
| Median Home Value | $242,096 |
| Average Home Value | $301,215 |
Housing Distribution
Address Breakdown
Residential
2,753
Single Family
2,689
Multi-Family
64
Businesses
182
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