8 Look Brook CircleJayME04239
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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
Rental property for sale in Jay at 8 Look Brook Circle, Jay, ME, 04239 offers $1,817/mo rent that, after a $1,028/mo payment, leaves $492/mo cash flow. Total monthly income is $1,817/mo, and annual cash flow is $5,898/yr on $69,615 cash. Return on cash invested measures 28.38% in year one, and rental yield stands at 10.38% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 148.47% and total cumulative return in cash reaches $103,360. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,817/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
0.49 Acres 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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