12 May Street, Portland, ME, 04102 | 3.94% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12 May Street, Portland, ME, 04102 | 3.94% Rental Yield | Ziffy

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

Investment property for sale in Portland at 12 May Street, Portland, ME, 04102 earns from $3,280/mo rent with a $4,890/mo payment. Total monthly income totals $3,280/mo. ROI tracks 9.01% on current figures, and rental yield reads 3.94% at a $999,000 purchase. Equity gained on principal adds $6,446/yr, and 5% annual appreciation supports $276,005 over five years. Five-year ROI reaches 44.55% and total cumulative return in cash sums $146,426. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,280/mo property income instead of your personal income.

Multi Family

Built in 1896

3,049 sqft lot

$N/A/sqft

No HOA

More details about the property

A thoughtfully updated 3-unit property in the heart of Portland's historic West End. Tucked away on a quiet one-way street, this charming building features a spacious 1st floor two-bedroom unit that's ready for immediate occupancy. Enjoy off-street parking, in-unit laundry, and a private fenced-in backyard. The location is unbeatable, just steps from Taylor Street Park, Reiche Elementary School, and an array of delightful eateries and cafes. Experience the vibrant and exciting lifestyle that living on the Portland peninsula offers!

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