218 Washington Avenue #309, Portland, ME, 04101 | 7.54% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,709/mo, and a $3,666/mo payment. Purchase price stands at $749,000, and rental yield measures 7.54% with $4,709/mo rent. Return on cash invested shows 19.97% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 103.3% and total cumulative return in cash records $254,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,709/mo property income covering a $3,666/mo payment rather than investor’s personal income.

Condo

Built in 2023

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04101, Portland, ME area.

Housing Distribution

Housing Statistics

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