12 Lawrence 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 12 Lawrence Avenue, Portland, ME, 04103 uses $150,799 cash to close to unlock $7,387/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $3,487/mo, and a $2,227/mo payment keeps the spread at $616/mo. Purchase price stands at $454,900, and rental yield measures 9.2% with $3,487/mo rent. Return on cash invested shows 24.81% in year one, and 5% annual appreciation builds toward $125,680 over five years. Five-year ROI reaches 129.27% and total cumulative return in cash records $194,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,487/mo property income covering a $2,227/mo payment rather than investor’s personal income.
Single Family
Built in 1934
4,791 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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