447 Main Street, South Portland, ME, 04106 | $59/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

447 Main Street, South Portland, ME, 04106 | $59/mo Cash Flow | Ziffy

For Sale

Currently Rented

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1664 sft

262 Lot 3 Alewive Road, Kennebunk, ME, 04043

3 Bed
2 Bath
1764 sft

164 Sandy Hill Road, South Portland, ME, 04106

2 Bed
3 Bath
1998 sft

5 Cider Mill Lane, Kennebunk, ME, 04043

3 Bed
2 Bath
1382 sft

125 Westbrook Street, South Portland, ME, 04106

Nearby investment properties with comparable prices

4 Bed
3 Bath
2868 sft

260 Boom Road, Saco, ME, 04072

3 Bed
2 Bath
1824 sft

17 Sevigny Avenue, Biddeford, ME, 04005

3 Bed
2 Bath
1422 sft

49 Brown Street, Kennebunk, ME, 04043

3 Bed
3 Bath
1523 sft

1 Teal Point Drive UNIT 1, Scarborough, ME, 04074

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in South Portland at 447 Main Street, South Portland, ME, 04106 offers a 7.69% rental yield on a $599,000 purchase with $3,840/mo rent. Total monthly income registers $3,840/mo, and a $2,932/mo payment leaves $59/mo available for distribution. Annual cash flow reaches $713/yr on $197,071 to close, and return on cash invested stands at 20.42% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 105.73% and total cumulative return in cash at $208,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,840/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Offering just over 1,400 square feet of finished living space, this ideally designed 3 bedroom 2.5 bath home includes a two-car garage and is centrally located with convenient access to I-95, the Maine Mall, local eateries and the Portland International Jetport. Scheduled for completion around February 28, 2026, this property delivers quality craftsmanship and finishes throughout. Additional expansion potential is available in the unfinished daylight basement should you require more space. We are pleased to invite you to experience 447 Main Street, South Portland; a home that will not disappoint. Come make this house your home!

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