M13-L2 Grays IslandBrooksvilleME04617
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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
Investment property for sale in Brooksville at M13-L2 Grays Island, Brooksville, ME, 04617 with 5% annual appreciation on a $1,200,000 basis while $1,680/mo rent supports operations. 18% in year one. Equity gained on principal adds $7,743/yr, and five-year appreciation sums $331,538 alongside rental yield of 1.68%. Five-year ROI measures 7.84% and total cumulative return in cash totals $30,491. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,680/mo property income versus a $5,873/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1891
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04617, Brooksville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 734 (100%) |
| Owner Occupied HU | 365 (49.7%) |
| Renter Occupied HU | 56 ( 7.6%) |
| Vacant Housing Units | 313 (42.6%) |
| Median Home Value | $500,845 |
| Average Home Value | $508,582 |
Housing Distribution
Address Breakdown
Residential
364
Single Family
364
Multi-Family
0
Businesses
25
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Listed by: N/A • Saltmeadow Properties, Inc.
Mls Name: Maine Listings
Mls ID: #1633726