125 Portland Avenue #24, Old Orchard Beach, ME, 04064 | $229/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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125 Portland Avenue #24, Old Orchard Beach, ME, 04064 | $229/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 Old Orchard Beach at 125 Portland Avenue #24, Old Orchard Beach, ME, 04064 earns $229/mo cash flow from $2,280/mo rent with a $1,591/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $2,743/yr on $107,738 capital. ROI tracks 22.46% on current figures, and rental yield reads 8.42% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 116.66% and total cumulative return in cash sums $125,689. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.

Condo

Built in 1989

4 Acres lot

$N/A/sqft

No HOA

More details about the property

BEST MAINE BEACH is under a mile away from this townhouse offering a peaceful retreat in a quiet location at the back of the complex. Enjoy stunning marsh views and abundant wildlife from both the large deck off the living area and the second-floor primary bedroom. The kitchen features new countertops and tile flooring, while the living room offers hardwood floors and a heat pump for year-round comfort. The primary bedroom features high ceilings and exceptional views. The second bedroom includes a spacious walk-in storage closet. Additional highlights include a full bath and laundry on the second floor, hot water heater has been recently replaced. One pet allowed for the owner.

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