3 Walker Street #4, Portland, ME, 04102 | 7.49% Rental Yield

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3 Walker Street #4, Portland, ME, 04102 | 7.49% Rental Yield | 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 Portland at 3 Walker Street #4, Portland, ME, 04102 earns from $2,840/mo rent with a $2,227/mo payment. Total monthly income totals $2,840/mo. ROI tracks 19.66% on current figures, and rental yield reads 7.49% at a $455,000 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 over five years. Five-year ROI reaches 101.66% and total cumulative return in cash sums $153,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,840/mo property income instead of your personal income.

Condo

Built in 1905

N/A lot

$N/A/sqft

No HOA

More details about the property

First time on market in 20 years. Located in Portland's iconic West End, this top-floor-2-bedroom, 1-bath condo blends historic charm with modern updates. Beautifully maintained, the home features gleaming hardwood floors throughout, a custom-designed kitchen, and a sunroom that doubles perfectly as a second bedroom or home office. The spacious primary bedroom is a true retreat, complete with sitting nook and skylight that fills the room with natural light. Enjoy sunny, private living just moments from some of Portland's local favorites - Tandem Bakery, Yordprom Coffee, and Bramhall Pub - while being minutes way from everything the Portland peninsula has to offer. On-site laundry and storage, one reserved off-street parking space, and pet-friendly policies (with breed and weight restrictions) make this rare find in one of the city's most desirable neighborhoods.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04102, Portland, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,286 (100%)
Owner Occupied HU	4,132 (44.5%)
Renter Occupied HU	4,524 (48.7%)
Vacant Housing Units	630 ( 6.8%)
Median Home Value	$513,690
Average Home Value	$613,319