15 Pine StreetPortlandME04102
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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
Rental property for sale in Portland at 15 Pine Street, Portland, ME, 04102 priced at $1,650,000 pairs $5,138/mo rent with after a $8,076/mo payment. Total monthly income equals $5,138/mo. Return on cash invested is 8.53% in year one, and rental yield stands at 3.74% on a $1,650,000 basis. Equity gained on principal adds $10,647/yr, and 5% annual appreciation accumulates to $455,865 by year five. Five-year ROI measures 41.88% and total cumulative return in cash reaches $223,889. For financing, Ziffy Mortgage’s DSCR program evaluates $5,138/mo property income against a $8,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1830
6,534 sqft 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 |
Housing Distribution
Address Breakdown
Residential
8,306
Single Family
6,553
Multi-Family
1,753
Businesses
692
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