111 Marcelle AvenueSouth PortlandME04106
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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 South Portland at 111 Marcelle Avenue, South Portland, ME, 04106 earns $520/mo cash flow from $4,553/mo rent with a $3,128/mo payment. Total monthly income totals $4,553/mo, and annual cash flow totals $6,237/yr on $210,231 capital. ROI tracks 23.03% on current figures, and rental yield reads 8.55% at a $639,000 purchase. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 over five years. Five-year ROI reaches 119.69% and total cumulative return in cash sums $251,620. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,553/mo property income instead of your personal income.
Single Family
Built in 2020
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04106, South Portland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,146 (100%) |
| Owner Occupied HU | 7,500 (57.1%) |
| Renter Occupied HU | 5,002 (38.0%) |
| Vacant Housing Units | 644 ( 4.9%) |
| Median Home Value | $478,306 |
| Average Home Value | $555,106 |
Housing Distribution
Address Breakdown
Residential
12,561
Single Family
10,028
Multi-Family
2,533
Businesses
1,272
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Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls ID: #1641682