49 Deering StreetPortlandME04101
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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
Investment Highlights
Total monthly income runs $3,689/mo, and a $8,296/mo payment. Purchase price stands at $1,695,000, and rental yield measures 2.61% with $3,689/mo rent. Return on cash invested shows 5.06% in year one, and 5% annual appreciation builds toward $468,297 over five years. Five-year ROI reaches 23.26% and total cumulative return in cash records $127,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,689/mo property income covering a $8,296/mo payment rather than investor’s personal income.
Multi Family
Built in 1874
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04101, Portland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,171 (100%) |
| Owner Occupied HU | 2,282 (18.7%) |
| Renter Occupied HU | 8,386 (68.9%) |
| Vacant Housing Units | 1,503 (12.3%) |
| Median Home Value | $674,868 |
| Average Home Value | $777,521 |
Housing Distribution
Address Breakdown
Residential
11,405
Single Family
5,062
Multi-Family
6,343
Businesses
2,534
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