16 Pond View Road, Old Orchard Beach, ME, 04064 | 6.56% Rental Yield

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16 Pond View Road, Old Orchard Beach, ME, 04064 | 6.56% Rental Yield | 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

Rental property for sale in Old Orchard Beach at 16 Pond View Road, Old Orchard Beach, ME, 04064 priced at $549,000 converts $3,000/mo rent into after a $2,687/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 16.97% in year one, and rental yield reads 6.56% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 87.24% and total cumulative return in cash sums $157,580. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,687/mo payment, not borrower’s personal income.

Multi Family

Built in 1988

0.93 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled towards the end of a quiet cul-de-sac, this inviting duplex sits on nearly an acre of land and offers the perfect blend of coastal charm and modern convenience. Each unit is thoughtfully designed with comfort and functionality in mind. The first-floor unit features one bedroom and one bath, a bright open floor plan, dedicated laundry, and a spacious pantry ideal for efficient everyday living. Upstairs, the two-bedroom unit mirrors that airy feel with its own open layout, pantry, laundry area, and a private deck just off the kitchen perfect for morning coffee or evening relaxation. Step outside and you'll find the Eastern Trail just steps away a dream for walkers, bikers, and nature lovers alike. Close by you'll find a well equipped local grocery store, fine dining, golf, and of course, Maine's famous beaches and entertainment. Whether you're looking to owner-occupy and let the second unit offset your costs or add a strong performer to your investment portfolio, this property delivers both versatility and long-term value in one of Southern Maine's most desirable coastal communities.

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