








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 Portland at 218 Washington Avenue #207, Portland, ME, 04101 listed at $899,000 pairs $5,096/mo rent with a $4,400/mo payment. Total monthly income runs $5,096/mo. Return on cash invested measures 17.72% in year one, and rental yield registers 6.8% at a $899,000 basis. Equity gained on principal adds $5,801/yr, and annual property appreciation at 5% supports $248,377 by year five. Five-year ROI tracks 91.22% and total cumulative return in cash totals $269,794. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,096/mo property income relative to a $4,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04101, Portland, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,171 (100%) |
| Owner Occupied HU | 2,282 (18.7%) |
| Renter Occupied HU | 8,386 (68.9%) |
| Vacant Housing Units | 1,503 (12.3%) |
| Median Home Value | $674,868 |
| Average Home Value | $777,521 |
Residential
11,405
Single Family
5,062
Multi-Family
6,343
Businesses
2,534
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • F.O. Bailey Real Estate
Mls Name: Maine Listings
Mls ID: #1629245