65 Mcauley Way #506, Portland, ME, 04103 | 5.9% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

65 Mcauley Way #506, Portland, ME, 04103 | 5.9% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2836 sft

47 Solomon Drive, Gorham, ME, 04038

3 Bed
2 Bath
2496 sft

6 Woodside Drive, Scarborough, ME, 04074

3 Bed
2 Bath
1456 sft

21 Winter Street, Buxton, ME, 04093

3 Bed
3 Bath
2016 sft

38 Winding Brook Lane, Dayton, ME, 04005

Nearby investment properties with comparable prices

4 Bed
3 Bath
2340 sft

5 Gigi Lane, Arundel, ME, 04046

2 Bed
3 Bath
2246 sft

9 Atkinson Lane, Saco, ME, 04072

Rental Income+ 1 more

2 Bed
2 Bath
880 sft

111 E Grand Avenue, Old Orchard Beach, ME, 04064

3 Bed
2 Bath
1522 sft

4 Mary's Way, Old Orchard Beach, ME, 04064

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Portland at 65 Mcauley Way #506, Portland, ME, 04103 earns from $3,931/mo rent with a $3,911/mo payment. Total monthly income totals $3,931/mo. ROI tracks 14.98% on current figures, and rental yield reads 5.9% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 76.58% and total cumulative return in cash sums $201,294. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,931/mo property income instead of your personal income.

Condo

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Join the growing community at Stevens Square! A fantastic opportunity to move right into a top floor corner unit in the established 2nd building. The sunsets from this home are amazing and the views of the Mother House are postcard worthy! This unit has 3 spacious bedrooms including a private primary suite with an enormous walk-in closet. The other 2 bedrooms are well situated for both guests or office space. The kitchen was thoughtfully designed with a large peninsula and plenty of storage with its tall cabinets and nearby pantry. The living/dining area has plenty of space for entertaining as well as cozy family dinners. Included with the unit are a private balcony, a dedicated underground parking space, and kayak and bicycle racks. This amazing location also features a community center with discounted membership for Stevens Square owners. Enjoy the indoor/outdoor fitness facility with saltwater pool, brand new workout gym with an array of fitness classes, pickleball, full size gymnasium and The Good Theatre, a winter farmer's market, neighboring preserved woodlands, and nearby bayside path. Stevens Square is surrounded by hundreds of acres of green space so you can enjoy your favorite sport in the great outdoors, year-round. Your new neighborhood, Deering Center, offers cute shops, awesome restaurants and cafes within easy reach to complete your new lifestyle. It is not easy to find a wooded refuge just minutes from Portland's busy downtown, but here at Stevens Square you can have it all. A well-rounded life begins at the Square!

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