106 Florida AvenuePortlandME04103
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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 106 Florida Avenue, Portland, ME, 04103 earns $6,144/mo cash flow from $7,860/mo rent with a $1,219/mo payment. Total monthly income totals $7,860/mo, and annual cash flow totals $73,726/yr on $82,544 capital. ROI tracks 109.23% on current figures, and rental yield reads 37.88% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 582.74% and total cumulative return in cash sums $481,016. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,860/mo property income instead of your personal income.
Single Family
Built in 1941
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04103, Portland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,823 (100%) |
| Owner Occupied HU | 8,387 (56.6%) |
| Renter Occupied HU | 5,673 (38.3%) |
| Vacant Housing Units | 763 ( 5.1%) |
| Median Home Value | $521,898 |
| Average Home Value | $606,743 |
Housing Distribution
Address Breakdown
Residential
14,059
Single Family
12,419
Multi-Family
1,640
Businesses
1,013
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Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1613073
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