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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Gloucester at 86 Skips Way, New Gloucester, ME, 04260 generates $3,084/mo in rent, after a $4,895/mo payment. Total monthly income is $3,084/mo. Return on cash invested sits at 8.29% in year one, and rental yield is 3.7% on a $1,000,000 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 40.66% and total cumulative return in cash sums $133,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,084/mo property income rather than buyer’s personal income.
Multi Family
Built in 2000
10 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04260, New Gloucester, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,482 (100%) |
| Owner Occupied HU | 2,010 (81.0%) |
| Renter Occupied HU | 292 (11.8%) |
| Vacant Housing Units | 180 ( 7.3%) |
| Median Home Value | $398,868 |
| Average Home Value | $412,267 |
Residential
2,264
Single Family
2,264
Multi-Family
0
Businesses
155
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $1,000,000 |
| 2011-03-18 | Sold | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-05 | $7877.00 | N/A | $551,194 | N/A |
| 2023-05-05 | $7877.00 | 3.56% | $551,194 | N/A |
| 2022-05-05 | $7606.00 | N/A | $551,194 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
