








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Portland at 381 Danforth Street, Portland, ME, 04102 projects strong ROI of 2.93%. Rental yield 1.92%. With 5% annual appreciation, the property builds $661,694 in value over five years. Equity growth combined delivers a projected five-year ROI of 11.88%, translating into $92,185 in total cumulative return on $775,980 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1911
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04102, Portland, ME area.
| 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 |
Residential
8,306
Single Family
6,553
Multi-Family
1,753
Businesses
692
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Price change | $2,395,000 |
| 2024-06-06 | Price change | $2,595,000 |
| 2024-05-22 | Listed for sale | $2,795,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-14 | $16607.00 | 13.23% | $1,220,200 | 93.93% |
| 2020-10-14 | $14667.00 | N/A | $629,200 | N/A |
| 2019-10-14 | $14667.00 | 10.60% | $629,200 | 6.66% |



Listed by: N/A • Legacy Properties Sotheby's International Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1590518
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782