1 Firefly Street #302PortlandME04102
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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 Portland at 1 Firefly Street #302, Portland, ME, 04102 offers a 10.23% rental yield on a $340,207 purchase with $2,900/mo rent. Total monthly income registers $2,900/mo, and a $1,665/mo payment leaves $753/mo available for distribution. Annual cash flow reaches $9,036/yr on $112,779 to close, and return on cash invested stands at 27.92% in year one. Equity gained on principal adds $2,195/yr while 5% annual appreciation supports $93,993 over five years. Portfolio math shows five-year ROI at 146.01% and total cumulative return in cash at $164,663. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,900/mo property income against a $1,665/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2026
4.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04102, Portland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,286 (100%) |
| Owner Occupied HU | 4,132 (44.5%) |
| Renter Occupied HU | 4,524 (48.7%) |
| Vacant Housing Units | 630 ( 6.8%) |
| Median Home Value | $513,690 |
| Average Home Value | $613,319 |
Housing Distribution
Address Breakdown
Residential
8,306
Single Family
6,553
Multi-Family
1,753
Businesses
692
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