








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 Portland at 40 Harvard Common Common UNIT 40, Portland, ME, 04103 generates $2,498/mo in rent and, after a $1,610/mo payment, leaves $122/mo in cash flow. Total monthly income is $2,498/mo, and annual cash flow is $1,463/yr on $109,064 invested. Return on cash invested sits at 21.25% in year one, and rental yield is 9.11% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 111.39% and total cumulative return in cash sums $121,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,498/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood data shown for ZIP Code: 04103, Portland, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,823 (100%) |
| Owner Occupied HU | 8,387 (56.6%) |
| Renter Occupied HU | 5,673 (38.3%) |
| Vacant Housing Units | 763 ( 5.1%) |
| Median Home Value | $521,898 |
| Average Home Value | $606,743 |
Residential
14,059
Single Family
12,419
Multi-Family
1,640
Businesses
1,013
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Listed for sale | $329,000 |
| 2016-05-31 | Sold | $142,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Advisors Living, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1613932
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