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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Saco at 162 Beach Street UNIT 1, Saco, ME, 04072 at $339,900 posts ROI 21.52% with $151/mo cash flow from $2,562/mo rent. Total monthly income equals $2,562/mo, and annual cash flow records $1,818/yr on $112,677 to close. Return on cash invested measures 21.52% and rental yield reads 9.05% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 112.7% and total cumulative return in cash totals $126,983.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,562/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1989
1.04 Acres lot
$N/A/sqft
$265 monthly HOA
Neighborhood data shown for ZIP Code: 04072, Saco, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,169 (100%) |
| Owner Occupied HU | 6,451 (63.4%) |
| Renter Occupied HU | 2,842 (27.9%) |
| Vacant Housing Units | 876 ( 8.6%) |
| Median Home Value | $440,416 |
| Average Home Value | $473,380 |
Residential
9,563
Single Family
8,876
Multi-Family
687
Businesses
678
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Listed for sale | $339,900 |
| 2024-03-01 | Sold | $2,075,000 |
| 2024-01-04 | Pending sale | $2,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $3396.00 | -4.74% | $241,700 | N/A |
| 2023-04-30 | $3565.00 | 11.06% | $241,700 | 38.04% |
| 2022-04-30 | $3210.00 | 4.42% | $175,100 | 7.56% |
Listed by: N/A • Coldwell Banker Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1619758
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
