117 Pine Street #2, Portland, ME, 04102 | 6.05% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,142/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 6.05% with $2,142/mo rent. Return on cash invested shows 15.31% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 78.33% and total cumulative return in cash records $110,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,142/mo property income covering a $2,080/mo payment rather than investor’s personal income.

Condo

Built in 1876

N/A 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