19 William 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
Rental property for sale in Portland at 19 William Street, Portland, ME, 04103 priced at $995,000 converts $7,860/mo rent into $1,580/mo cash flow after a $4,870/mo obligation. Total monthly income equals $7,860/mo, and annual cash flow totals $18,965/yr on $327,355 invested. Return on cash invested prints 25.85% in year one, and rental yield reads 9.48% against a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation compiles into $274,900 by year five. Five-year ROI reaches 134.85% and total cumulative return in cash sums $441,450. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,860/mo property income covering a $4,870/mo payment, not borrower’s personal income.
Multi Family
Built in 1915
5,227 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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