182 Hicks StreetPortlandME04103
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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 182 Hicks Street, Portland, ME, 04103 listed at $499,995 pairs $3,620/mo rent with a $2,447/mo payment to leave $465/mo cash flow. Total monthly income runs $3,620/mo, and annual cash flow reaches $5,576/yr on $165,748 cash to close. Return on cash invested measures 23.27% in year one, and rental yield registers 8.69% at a $499,995 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,139 by year five. Five-year ROI tracks 121.05% and total cumulative return in cash totals $200,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,620/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
7,405 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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