








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 Biddeford at 2 Main Street #15-403, Biddeford, ME, 04005 listed at $715,000 pairs $2,544/mo rent with a $3,500/mo payment. Total monthly income runs $2,544/mo. Return on cash invested measures 10.02% in year one, and rental yield registers 4.27% at a $715,000 basis. Equity gained on principal adds $4,614/yr, and annual property appreciation at 5% supports $197,541 by year five. Five-year ROI tracks 49.94% and total cumulative return in cash totals $117,465. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,544/mo property income relative to a $3,500/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1859
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,793 (100%) |
| Owner Occupied HU | 5,606 (47.5%) |
| Renter Occupied HU | 5,202 (44.1%) |
| Vacant Housing Units | 985 ( 8.4%) |
| Median Home Value | $455,712 |
| Average Home Value | $523,001 |
Residential
11,059
Single Family
10,077
Multi-Family
982
Businesses
987
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Portside Real Estate Group
Mls Name: Maine Listings
Mls ID: #1644627