134 S Richland StreetSouth 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 134 S Richland Street, South Portland, ME, 04106 with 5% annual appreciation on a $544,500 basis while $3,840/mo rent supports operations. Total monthly income totals $3,840/mo and a $2,665/mo payment preserves $404/mo for cash returns. Annual cash flow comes to $4,843/yr on $179,141 deployed, and return on cash invested reaches 22.76% in year one. Equity gained on principal adds $3,514/yr, and five-year appreciation sums $150,435 alongside rental yield of 8.46%. Five-year ROI measures 118.28% and total cumulative return in cash totals $211,883.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,840/mo property income versus a $2,665/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
8,712 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 • Signature Homes Real Estate Group, LLC
Mls Name: Maine Listings
Mls ID: #1634816