7 Julia Drive, Gorham, ME, 04038 | 5.52% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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7 Julia Drive, Gorham, ME, 04038 | 5.52% 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

Total monthly income runs $3,913/mo, and a $4,160/mo payment. Purchase price stands at $849,900, and rental yield measures 5.52% with $3,913/mo rent. Return on cash invested shows 13.83% in year one, and 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 70.38% and total cumulative return in cash records $196,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,913/mo property income covering a $4,160/mo payment rather than investor’s personal income.

Single Family

Built in 1999

5.14 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 4-Bedroom, 2.5 Bath Cape-Style home on over 5 Acres of peaceful countryside. This is the first time this home goes on the market since it was built by the original owners. Lovingly cared for, the home is bathed in bright, cozy daylight. The first floor boasts an oversized kitchen with granite countertops, breakfast area, a spacious dining room, living room and the first bedroom. The side entrance has a large mudroom that leads on to a half bath with a washer and dryer. The second floor has 3 additional bedrooms, one of which is the spacious primary bedroom with an attached balcony. Off the back of the house is a spacious two level deck overlooking a beautiful back yard. Step outside and immerse yourself in nature. Whether you're enjoying outdoor family time or admiring the wooded surroundings filled with an abundance of wildlife, this property offers a rare blend of comfort, charm and seclusion, the kind of privacy that's increasingly hard to find.

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