








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 Garsoe Drive, Portland, ME, 04103 earns from $5,082/mo rent with a $4,870/mo payment. Total monthly income totals $5,082/mo. ROI tracks 15.67% on current figures, and rental yield reads 6.13% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 80.24% and total cumulative return in cash sums $262,686. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,082/mo property income instead of your personal income.
Single Family
Built in 2000
0.62 Acres 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $995,000 |
| 2021-04-05 | Sold | $705,000 |
| 2021-02-11 | Listed for sale | $640,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $9318.00 | 7.21% | $620,800 | 2.93% |
| 2023-04-30 | $8691.00 | 5.88% | $603,100 | N/A |
| 2022-04-30 | $8208.00 | -14.54% | $603,100 | 46.38% |



Listed by: N/A • Town & Shore Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1619773
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