20 Upper Falls Road #301, Biddeford, ME, 04005 | $275/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

20 Upper Falls Road #301, Biddeford, ME, 04005 | $275/mo Cash Flow | Ziffy

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1450 sft

5 Brunelle Avenue, Sanford, ME, 04073

2 Bed
2 Bath
1456 sft

32 Maple Avenue, Kennebunk, ME, 04043

3 Bed
2 Bath
1229 sft

122 Brown Street, Kennebunk, ME, 04043

4 Bed
1 Bath
1728 sft

256 Berwick Rd, Ogunquit, ME, 03907

Nearby investment properties with comparable prices

3 Bed
1 Bath
1040 sft

5 Wilson Street, Biddeford, ME, 04005

3 Bed
2 Bath
1560 sft

1441 Alfred Road, Lyman, ME, 04002

3 Bed
1 Bath
1242 sft

60 Plaza Drive, Sanford, ME, 04073

5 Bed
2 Bath
1478 sft

15 Running Brook Drive, Sanford, ME, 04073

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Biddeford at 20 Upper Falls Road #301, Biddeford, ME, 04005 generates $3,055/mo in rent and, after a $1,958/mo payment, leaves $275/mo in cash flow. Total monthly income is $3,055/mo, and annual cash flow is $3,304/yr on $132,600 invested. Return on cash invested sits at 22.4% in year one, and rental yield is 9.16% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 117.22% and total cumulative return in cash sums $155,440. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,055/mo property income rather than buyer’s personal income.

Condo

Built in 2025

N/A lot

$N/A/sqft

$255 monthly HOA

More details about the property

Brand-New Modern Condo with Stunning River & City Views - Welcome to The Levee Experience the best of urban living at The Flats at The Levee, a vibrant new community in the heart of downtown Biddeford. These thoughtfully designed one- and two-bedroom condos offer stylish, modern finishes, open layouts, and private balconies with sweeping views of the Saco River and Downtown Biddeford. Enjoy the ease of single-level living with convenient features like covered parking, elevator access, and in-unit washer/dryer. Step outside to your private deck or connect directly to the RiverWalk for a scenic stroll through this revitalized riverside neighborhood. The Flats offer a suite of premium amenities, including a rooftop lounge, co-working space, and fitness centerperfect for both relaxation and productivity. Live just steps from the historic mills, local boutiques, award-winning restaurants, craft breweries, and a dynamic arts and culture scene. Move-in ready - the building is complete and ready for occupancy! 📞 Schedule your private tour today and discover life at The Levee.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.

Housing Distribution

Housing Statistics

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

Housing Distribution

Address Breakdown

Residential

11,059

Single Family

10,077

Multi-Family

982

Businesses

987

Price History

Date	Event	Price
2025-08-28	Sold	$400,000
2025-07-29	Pending sale	$400,000
2025-07-14	Price change	$400,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

3 Bed
2 Bath
1450 sft

5 Brunelle Avenue, Sanford, ME, 04073

2 Bed
2 Bath
1456 sft

32 Maple Avenue, Kennebunk, ME, 04043

3 Bed
2 Bath
1229 sft

122 Brown Street, Kennebunk, ME, 04043

4 Bed
1 Bath
1728 sft

256 Berwick Rd, Ogunquit, ME, 03907

Nearby investment properties with comparable prices

3 Bed
1 Bath
1040 sft

5 Wilson Street, Biddeford, ME, 04005

3 Bed
2 Bath
1560 sft

1441 Alfred Road, Lyman, ME, 04002

3 Bed
1 Bath
1242 sft

60 Plaza Drive, Sanford, ME, 04073

5 Bed
2 Bath
1478 sft

15 Running Brook Drive, Sanford, ME, 04073

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2025
Architectural Style: Contemporary,Other
Building Area: 836
Living Area: 836 sqft
Property Condition: New Construction

Features & Amenities

Heating: Heat Pump
Cooling: Central Air, Heat Pump
Flooring: Carpet, Tile, Wood
Interior Features: 1st Floor Bedroom, Elevator, One-Floor Living, Shower, Storage
Exterior Features: N/A
Parking Features: Common, Paved, 1 - 4 Spaces, On Site, Carport, Underground, Basement

Location

City: Biddeford
State: ME
Subdivision: Landing on the Levee
Lot Size: N/A
Lot Features: City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad, Level, Open Lot, Sidewalks, Landscaped
View: Scenic

HOA & Fees

HOA Fee: $255 monthly
Association Fee: $255 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Public Sewer
Water Source: Public
Road Surface Type: Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Marsden Real Estate

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1617073

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

20 Upper Falls Road #301,Biddeford,ME,04005

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

20 Upper Falls Road #301BiddefordME04005