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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 Gorham at 90 Maple Drive, Gorham, ME, 04038 priced at $145,000 converts $2,854/mo rent into $1,326/mo cash flow after a $710/mo obligation. Total monthly income equals $2,854/mo, and annual cash flow totals $15,907/yr on $48,068 invested. Return on cash invested prints 53% in year one, and rental yield reads 23.62% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 286.04% and total cumulative return in cash sums $137,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,854/mo property income covering a $710/mo payment, not borrower’s personal income.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
$613 monthly HOA
Neighborhood data shown for ZIP Code: 04038, Gorham, ME area.
| 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 |
Residential
6,861
Single Family
6,498
Multi-Family
363
Businesses
515
Date | Event | Price |
|---|---|---|
| 2025-10-03 | Sold | $145,000 |
| 2025-09-15 | Pending sale | $164,900 |
| 2025-09-02 | Contingent | $164,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $861.00 | N/A | $62,600 | N/A |
| 2023-10-28 | $861.00 | 7.09% | $62,600 | N/A |
| 2022-10-28 | $804.00 | -19.68% | $62,600 | 18.79% |
Listed by: N/A • PO-GO REALTY
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1626928
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
