1 Seacliff AveOld Orchard BeachME04064
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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 Old Orchard Beach at 1 Seacliff Ave, Old Orchard Beach, ME, 04064 priced at $825,000 pairs $2,530/mo rent with after a $4,038/mo payment. Total monthly income equals $2,530/mo. Return on cash invested is 4.84% in year one, and rental yield stands at 3.68% on a $825,000 basis. Equity gained on principal adds $5,324/yr, and 5% annual appreciation accumulates to $227,932 by year five. Five-year ROI measures 23.37% and total cumulative return in cash reaches $63,441. For financing, Ziffy Mortgage’s DSCR program evaluates $2,530/mo property income against a $4,038/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1986
0.62 Acres lot
$N/A/sqft
$767 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04064, Old Orchard Beach, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 3,397 (48.5%) |
| Renter Occupied HU | 1,513 (21.6%) |
| Vacant Housing Units | 2,088 (29.8%) |
| Median Home Value | $437,987 |
| Average Home Value | $477,398 |
Housing Distribution
Address Breakdown
Residential
6,370
Single Family
5,809
Multi-Family
561
Businesses
355
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Listed by: N/A • N/A
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