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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Scarborough at 19 East Grand Avenue UNIT 5, Scarborough, ME, 04074 with 5% annual appreciation on a $180,000 basis while $1,446/mo rent supports operations. Total monthly income totals $1,446/mo and a $881/mo payment preserves $198/mo for cash returns. Annual cash flow comes to $2,380/yr on $59,670 deployed, and return on cash invested reaches 23.9% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 9.64%. Five-year ROI measures 125.26% and total cumulative return in cash totals $74,741.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,446/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1948
N/A lot
$N/A/sqft
$335 quarterly HOA
Neighborhood data shown for ZIP Code: 04074, Scarborough, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,980 (100%) |
| Owner Occupied HU | 7,257 (66.1%) |
| Renter Occupied HU | 2,431 (22.1%) |
| Vacant Housing Units | 1,292 (11.8%) |
| Median Home Value | $610,244 |
| Average Home Value | $700,977 |
Residential
10,395
Single Family
9,453
Multi-Family
942
Businesses
910
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $180,000 |
| 2014-07-11 | Sold | $75,000 |
| 2014-05-20 | Listed for sale | $84,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $1527.00 | 12.86% | $139,700 | 64.94% |
| 2023-03-27 | $1353.00 | 3.76% | $84,700 | N/A |
| 2022-03-27 | $1304.00 | 3.57% | $84,700 | N/A |
Listed by: N/A • Portside Real Estate Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1617014
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
