32 Robinson StSouth PortlandME04106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in South Portland at 32 Robinson St, South Portland, ME, 04106 uses $159,982 cash to close to unlock $8,116/yr annual cash flow and $676/mo monthly cash flow. Total monthly income runs $3,722/mo, and a $2,362/mo payment keeps the spread at $676/mo. Purchase price stands at $482,600, and rental yield measures 9.25% with $3,722/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $133,333 over five years. Five-year ROI reaches 130.22% and total cumulative return in cash records $208,325. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,722/mo property income covering a $2,362/mo payment rather than investor’s personal income.
Single Family
Built in 2004
6,969 sqft lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A