23 Bodge Street, South Portland, ME, 04106 | $556/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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23 Bodge Street, South Portland, ME, 04106 | $556/mo Cash Flow | Ziffy

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

Investment property for sale in South Portland at 23 Bodge Street, South Portland, ME, 04106 at $349,900 posts ROI 25.66% with $556/mo cash flow from $2,765/mo rent. Total monthly income equals $2,765/mo, and annual cash flow records $6,676/yr on $115,992 to close. Return on cash invested measures 25.66% and rental yield reads 9.48% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 133.9% and total cumulative return in cash totals $155,310.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,765/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1966

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Two-bedroom, two-bath ranch offering hardwood floors, a comfortable layout, and great potential to make it your own. The partially finished basement provides additional living space and includes a full bath, adding flexibility for guests, a home office, or a bonus room. Enjoy single-level living in a convenient South Portland location, just minutes from Portland, local beaches and shopping. A wonderful opportunity to add your personal touch in a convenient location close to it all. Open House Sunday, 10/19 11am-1pm

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