33 2nd 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 33 2nd St, South Portland, ME, 04106 earns $236/mo cash flow from $3,622/mo rent with a $2,626/mo payment. Total monthly income totals $3,622/mo, and annual cash flow totals $2,830/yr on $176,541 capital. ROI tracks 21.66% on current figures, and rental yield reads 8.1% at a $536,600 purchase. Equity gained on principal adds $3,463/yr, and 5% annual appreciation supports $148,253 over five years. Five-year ROI reaches 112.37% and total cumulative return in cash sums $198,387. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,622/mo property income instead of your personal income.
Single Family
Built in 1916
8,712 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