32 Bayberry Way UNIT 32, South Portland, ME, 04106 | 8.82% Rental Yield

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32 Bayberry Way UNIT 32, South Portland, ME, 04106 | 8.82% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 32 Bayberry Way UNIT 32, South Portland, ME, 04106 earns from $2,867/mo rent with a $1,909/mo payment. Total monthly income totals $2,867/mo. ROI tracks 19.26% on current figures, and rental yield reads 8.82% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 101.15% and total cumulative return in cash sums $130,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,867/mo property income instead of your personal income.

Condo

Built in 1980

N/A lot

$N/A/sqft

$475 monthly HOA

More details about the property

Opportunity to own in one of South Portland's most convenient and desirable locations! Situated in the T-Ledge neighborhood, this 1,243 sq ft condo offers a spacious and functional layout featuring 2 bedrooms, 1.5 baths, and direct entry from a 1-car garage. Enjoy year-round comfort with an energy-efficient heat pump, and step outside to a private backyard patioperfect for entertaining or relaxing. This pet-friendly community is less than 3 miles from downtown Portland and Commercial Street, offering easy access to premier shopping, dining, and the waterfront. Whether you're commuting, downsizing, or just looking for low-maintenance living in a quiet, well-maintained neighborhood, this home checks all the boxes.

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

Housing Distribution

Address Breakdown

Residential

12,561

Single Family

10,028

Multi-Family

2,533

Businesses

1,272

Price History

Date	Event	Price
2025-04-30	Listed for sale	$390,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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2 Bed
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24 Plover Way UNIT 34, South Portland, ME, 04106

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23 Plover Lane UNIT 33, South Portland, ME, 04106

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3 Bath
2274 sft

14 Plover Way UNIT 25, South Portland, ME, 04106

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14 Wiggins Pond Lane #14, Kennebunk, ME, 04043

1 Bed
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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1980
Architectural Style: Cape Cod
Building Area: 1,243
Living Area: 1,243 sqft
Property Condition: N/A

Features & Amenities

Heating: Heat Pump, Forced Air
Cooling: Heat Pump
Flooring: Wood, Tile, Carpet
Interior Features: N/A
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Paved, Inside Entrance

Location

City: South Portland
State: ME
Subdivision: N/A
Lot Size: N/A
Lot Features: Near Shopping, Near Town, Neighborhood
View: N/A

HOA & Fees

HOA Fee: $475 monthly
Association Fee: $475 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Public Sewer
Water Source: Public
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • RE/MAX Realty One

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1620731

Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782

32 Bayberry Way UNIT 32,South Portland,ME,04106

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

32 Bayberry Way UNIT 32South PortlandME04106