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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% |
Investment property for sale in Portland at 48 Christy Road, Portland, ME, 04103 at $617,000 posts ROI 27.86% with $1,320/mo cash flow from $5,214/mo rent. Total monthly income equals $5,214/mo, and annual cash flow records $15,839/yr on $202,993 to close. Return on cash invested measures 27.86% and rental yield reads 10.14% at the current $617,000. Equity gained on principal adds $3,981/yr, and 5% annual appreciation supports $170,466 by year five. Five-year ROI prints 145.61% and total cumulative return in cash totals $295,581.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,214/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
10,454 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $617,000 |
| 2011-09-01 | Listing removed | $239,900 |
| 2011-08-18 | Price change | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-24 | $6723.00 | 4.17% | $447,900 | N/A |
| 2023-05-24 | $6454.00 | 5.87% | $447,900 | N/A |
| 2022-05-24 | $6096.00 | -6.50% | $447,900 | 60.14% |
Listed by: N/A • Locations Real Estate Group LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1623740
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
