67 Brigham StreetSouth PortlandME04106
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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
Rental property for sale in South Portland at 67 Brigham Street, South Portland, ME, 04106 priced at $489,000 converts $3,629/mo rent into $543/mo cash flow after a $2,393/mo obligation. Total monthly income equals $3,629/mo, and annual cash flow totals $6,519/yr on $162,104 invested. Return on cash invested prints 23.93% in year one, and rental yield reads 8.91% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 124.58% and total cumulative return in cash sums $201,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,629/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04106, South Portland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,146 (100%) |
| Owner Occupied HU | 7,500 (57.1%) |
| Renter Occupied HU | 5,002 (38.0%) |
| Vacant Housing Units | 644 ( 4.9%) |
| Median Home Value | $478,306 |
| Average Home Value | $555,106 |
Housing Distribution
Address Breakdown
Residential
12,561
Single Family
10,028
Multi-Family
2,533
Businesses
1,272
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Listed by: N/A • Cottage & Co Real Estate
Mls Name: Maine Listings
Mls ID: #1641894