18 Ninth Street, Portland, ME, 04103 | $334/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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18 Ninth Street, Portland, ME, 04103 | $334/mo Cash Flow | 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 18 Ninth Street, Portland, ME, 04103 earns $334/mo cash flow from $3,016/mo rent with a $2,080/mo payment. Total monthly income totals $3,016/mo, and annual cash flow totals $4,007/yr on $140,888 capital. ROI tracks 22.75% on current figures, and rental yield reads 8.52% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 118.25% and total cumulative return in cash sums $166,601. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,016/mo property income instead of your personal income.

Single Family

Built in 1917

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming Portland Bungalow - Move-In Ready! Looking for an affordable home in Portland? You've found it! This delightful 3-bedroom, 1-bath bungalow combines comfort, character, and convenience. Enjoy recent interior and exterior updates that make this home truly move-in ready. Relax or entertain on the expansive deck overlooking a spacious yard, and take advantage of the rare two-car garage for added storage and convenience. Nestled in a quiet neighborhood, yet close to everything Portland has to offer, this home offers the best of both worlds. Be home for the holidays and start making memories in your new Portland home! Open House SATURDAY 11/15. 11am - 1pm

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