65 Dougherty Path #203, Portland, ME, 04102 | $259/mo Cash Flow

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65 Dougherty Path #203, Portland, ME, 04102 | $259/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Portland at 65 Dougherty Path #203, Portland, ME, 04102 uses $107,738 cash to close to unlock $3,103/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $2,310/mo, and a $1,591/mo payment keeps the spread at $259/mo. Purchase price stands at $325,000, and rental yield measures 8.53% with $2,310/mo rent. Return on cash invested shows 22.79% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 118.47% and total cumulative return in cash records $127,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,310/mo property income covering a $1,591/mo payment rather than investor’s personal income.

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Be the first to live in this brand-new, zero-energy-ready 3 bedroom, 1.5 bath condo at Dougherty Commons, ready for move-in December 2025. This home features a private entrance, high ceilings, and large windows for great natural light. Enjoy a modern kitchen with new stainless-steel appliances, a bright open layout, and in-unit washer/dryer hookupsperfect for low-maintenance, energy-efficient living. This home is ideal for buyers looking for a stylish, efficient space close to everything. Located right next to the Dougherty Fields complex (playground, outdoor pool, skate park, sports fields, basketball court), The #1, #4, #5, #7 & #9 Metro bus lines are adjacent, and the Portland Transportation Center with access to the Amtrak Downeaster train and Concord Coach buses is .5 mile. These services run south to Boston and New York, and north to Bangor via Midcoast or Central Maine. Metro's Breez bus also runs from the Transportation Center offering routes to Yarmouth, Freeport, and Brunswick. Project is subsidized; Household must have 3-6 people at move in, maximum household income for 3 people: $116,850, 4 people: $129,800, 5 or 6 people $134,040. There are resale restrictions to ensure permanent affordability.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04102, Portland, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,286 (100%)
Owner Occupied HU	4,132 (44.5%)
Renter Occupied HU	4,524 (48.7%)
Vacant Housing Units	630 ( 6.8%)
Median Home Value	$513,690
Average Home Value	$613,319