205 Long Falls Dam RoadNew PortlandME04961
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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 New Portland at 205 Long Falls Dam Road, New Portland, ME, 04961 uses $61,991 cash to close to unlock $3,193/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $1,446/mo, and a $915/mo payment keeps the spread at $266/mo. Purchase price stands at $187,000, and rental yield measures 9.28% with $1,446/mo rent. Return on cash invested shows 25.06% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 130.69% and total cumulative return in cash records $81,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,446/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1997
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04961, North New Portland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 430 (52.8%) |
| Renter Occupied HU | 40 ( 4.9%) |
| Vacant Housing Units | 345 (42.3%) |
| Median Home Value | $167,672 |
| Average Home Value | $197,767 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
11
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Listed by: N/A • CSM Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1619191
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