2 Overlook Drive #3, Saco, ME, 04072 | 3.95% Rental Yield

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2 Overlook Drive #3, Saco, ME, 04072 | 3.95% Rental Yield | Ziffy

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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 Saco at 2 Overlook Drive #3, Saco, ME, 04072 at $825,000 posts ROI 9.06% with from $2,718/mo rent. Total monthly income equals $2,718/mo. Return on cash invested measures 9.06% and rental yield reads 3.95% at the current $825,000. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 by year five. Five-year ROI prints 44.78% and total cumulative return in cash totals $121,557. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,718/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 2024

2.68 Acres lot

$N/A/sqft

No HOA

More details about the property

End Unit with Ocean Views at The Overlook Experience coastal living at its finest in this stunning end-unit townhouse at The Overlook, where water views and breathtaking sunrises and sunsets can be enjoyed right from your balcony, living room, or kitchen table. Just a stone's throw from 7 miles of southern Maine's most cherished beach, this peaceful, nature-filled location offers the best of seaside living. Start your day with a stroll to the beach or a dip in the heated saltwater pool. Spend your afternoons biking to local attractions, dining at nearby restaurants, or exploring scenic marsh trails. Or simply relax on your sun-drenched deck and listen to the sound of the waves. This thoughtfully designed townhouse features: Heated, drive-under garage parking Spacious open-concept kitchen and living area Two bedrooms on the top floor, Primary bed with own private bath Convenient in-unit laundry Select upgrades for high-end finishes, includes view-through staircase, and two balconies The Overlook consists of 25 luxury townhouse units. Phase 1: 9 units completed Phase 2: 6 remaining units ready for buyers to select finishes Phase 3: Currently under construction All units are fully sprinkled per local fire code for added safety. A public right-of-way just 1,500 feet from the development provides easy beach access and panoramic views of Pine Point's stunning sunsets. Explore the site plan and available unit positions to discover what your future holds at The Overlook.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04072, Saco, ME area.

Housing Distribution

Housing Statistics

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