211 Alfred Street, South Portland, ME, 04106 | $259/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

211 Alfred Street, South Portland, ME, 04106 | $259/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 2 more

2 Bed
2 Bath
1744 sft

44 Adelaide Road, Old Orchard Beach, ME, 04064

2 Bed
1 Bath
610 sft

994 Portland Road UNIT 30, Saco, ME, 04072

2 Bed
2 Bath
950 sft

224 North Street UNIT 106, Saco, ME, 04072

2 Bed
1 Bath
784 sft

6 Pine Lane, Old Orchard Beach, ME, 04064

Nearby investment properties with comparable prices

3 Bed
1 Bath
1036 sft

13 Maplewood Avenue, Old Orchard Beach, ME, 04064

2 Bed
2 Bath
1638 sft

245 Deerwood Street, Scarborough, ME, 04074

2 Bed
1 Bath
960 sft

32 Dartmouth Street, Biddeford, ME, 04005

3 Bed
1 Bath
792 sft

52 11th Street, Old Orchard Beach, ME, 04064

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in South Portland at 211 Alfred Street, South Portland, ME, 04106 listed at $325,000 pairs $2,310/mo rent with a $1,591/mo payment to leave $259/mo cash flow. Total monthly income runs $2,310/mo, and annual cash flow reaches $3,103/yr on $107,738 cash to close. Return on cash invested measures 22.79% in year one, and rental yield registers 8.53% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 118.47% and total cumulative return in cash totals $127,633. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,310/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1977

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Excellent Investment Opportunity in a PRIME Location - 211 Alfred Street Located in one of South Portland's most convenient and walkable neighborhoods, 211 Alfred Street offers exceptional potential for investors, renovators, or owner-occupants looking to build equity. This 4-bedroom, 2-bath home sits on a large lot and is being sold AS IS, providing a great opportunity to customize or redevelop in a highly desirable area. Highlights: Unbeatable Location: Walk to nearby elementary and high schools, the community center, and scenic Greenbelt trails. Convenient Access: Just minutes to beaches, I-295, and downtown Portland for an easy commute and endless amenities. Spacious Lot: The oversized yard offers room for outdoor living, gardening, or potential expansion. Investment Potential: With solid bones and a sought-after location, this property is ready for its next chapter. Don't miss this chance to invest in a growing area close to everything Greater Portland has to offer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04106, South Portland, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,146 (100%)
Owner Occupied HU	7,500 (57.1%)
Renter Occupied HU	5,002 (38.0%)
Vacant Housing Units	644 ( 4.9%)
Median Home Value	$478,306
Average Home Value	$555,106