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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in South Portland at 4 Summit Street, South Portland, ME, 04106 offers $3,840/mo rent that, after a $2,589/mo payment, leaves $502/mo cash flow. Total monthly income is $3,840/mo, and annual cash flow is $6,019/yr on $174,041 cash. Return on cash invested measures 23.52% in year one, and rental yield stands at 8.71% at a $529,000 entry. Equity gained on principal adds $3,414/yr while 5% annual appreciation compounds into $146,153 by year five. Five-year ROI records 122.33% and total cumulative return in cash reaches $212,897. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,840/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04106, South Portland, ME area.
| 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 |
Residential
12,561
Single Family
10,028
Multi-Family
2,533
Businesses
1,272
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls ID: #1642943
