2 Firefly Street #303PortlandME04102
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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 2 Firefly Street #303, Portland, ME, 04102 generates $3,780/mo in rent and, after a $1,892/mo payment, leaves $1,341/mo in cash flow. Total monthly income is $3,780/mo, and annual cash flow is $16,086/yr on $128,111 invested. Return on cash invested sits at 32.47% in year one, and rental yield is 11.74% on a $386,460 entry. Equity gained on principal adds $2,494/yr, while 5% annual appreciation builds toward $106,772 over five years. Five-year ROI reaches 170.35% and total cumulative return in cash sums $218,233. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,780/mo property income rather than buyer’s personal income.
Condo
Built in 2026
4.04 Acres 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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