60 Crestview DrivePortlandME04103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Portland at 60 Crestview Drive, Portland, ME, 04103 offers a 8.52% rental yield on a $250,000 purchase with $1,775/mo rent. Total monthly income registers $1,775/mo, and a $1,224/mo payment leaves $65/mo available for distribution. Annual cash flow reaches $780/yr on $82,875 to close, and return on cash invested stands at 20.85% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 108.73% and total cumulative return in cash at $90,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,775/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04103, Portland, ME area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,059
Single Family
12,419
Multi-Family
1,640
Businesses
1,013
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $250,000 |
| 1995-04-25 | Sold | $107,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $4833.00 | 4.16% | $322,000 | N/A |
| 2023-03-31 | $4640.00 | 5.89% | $322,000 | N/A |
| 2022-03-31 | $4382.00 | -8.78% | $322,000 | 56.23% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1964
- Architectural Style: Ranch
- Building Area: 1,376
- Living Area: 1,376 sqft
- Property Condition: N/A
Features & Amenities
- Heating: None
- Cooling: None
- Flooring: N/A
- Interior Features: 1st Floor Bedroom
- Exterior Features: N/A
- Parking Features: 1 - 4 Spaces, Paved
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1615973
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