Condo Investment Properties in Biddeford, ME | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Biddeford, ME

Why Invest in Biddeford, Maine?

Biddeford, ME offers strong condo investment opportunities with steady appreciation and growing rental demand. The local market shows robust price growth around 3-4% annually, supporting solid returns for condo investors. Rental yields remain attractive amid Maine's coastal appeal and economic stability. Cap rates hover in the competitive range, while cash flow potential benefits from low vacancy trends. Investor interest from nearby metros like Boston drives sustained demand for condos here.

7.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1936/mo
Avg. Rent
3.6%
1Y Appreciation

Frequently Asked Questions

Yes, Biddeford condos offer solid appreciation around 3.6% and rental yields near 6% due to coastal demand. Low vacancy and inbound migration from Boston enhance cash flow potential. Investors should focus on properties near beaches and universities.

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