26 Summer Winds Drive UNIT 62, Old Orchard Beach, ME, 04064 | 6.11% Rental Yield

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26 Summer Winds Drive UNIT 62, Old Orchard Beach, ME, 04064 | 6.11% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 Old Orchard Beach at 26 Summer Winds Drive UNIT 62, Old Orchard Beach, ME, 04064 with 5% annual appreciation on a $447,500 basis while $2,280/mo rent supports operations. 76% in year one. Equity gained on principal adds $2,888/yr, and five-year appreciation sums $123,636 alongside rental yield of 6.11%. Five-year ROI measures 65.68% and total cumulative return in cash totals $97,429. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,280/mo property income versus a $2,190/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2019

10.18 Acres lot

$N/A/sqft

$340 monthly HOA

More details about the property

Summerwinds a well established unique cottage style condo development. This is a great gated community, with all the amenities you would want in a vacation or retirement home. These are well constructed manufactured homes with large attic space for all your storage needs. This unit has been freshly painted and cleaned, ready for the next lucky homeowner. Large club house with exercise room, social hall, kitchen and bathrooms with direct access out to pool and hot tub. Well landscaped development. Only a few miles from shops and beaches, location adding to this desirable property.

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

Housing Distribution

Address Breakdown

Residential

6,370

Single Family

5,809

Multi-Family

561

Businesses

355

Price History

Date	Event	Price
2025-03-21	Listed for sale	$447,500

Tax History

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

Nearby investment properties with comparable rents

2 Bed
2 Bath
1040 sft

8 Smithwheel Road #4A, Old Orchard Beach, ME, 04064

4 Bed
3 Bath
1943 sft

Lot 9B Diamond Hill Road, Berwick, ME, 03901

2 Bed
1 Bath
1010 sft

50 Old Orchard Road UNIT 6, Old Orchard Beach, ME, 04064

4 Bed
2 Bath
936 sft

478 Goodwins Mills Road, Lyman, ME, 04002

Nearby investment properties with comparable prices

4 Bed
3 Bath
1992 sft

112 High Street, Kennebunk, ME, 04043

3 Bed
1 Bath
1268 sft

1010 Sanford Road, Wells, ME, 04090

2 Bed
2 Bath
1520 sft

13 Timothy Lane, Sanford, ME, 04073

1 Bed
1 Bath
608 sft

444 Main Street UNIT 114, Ogunquit, ME, 03907

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2019
Architectural Style: Cottage
Building Area: 972
Living Area: 972 sqft
Property Condition: N/A

Features & Amenities

Heating: Space Heater, Heat Pump
Cooling: Heat Pump
Flooring: N/A
Interior Features: 1st Floor Bedroom, Storage
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Paved, On Site

Location

City: Old Orchard Beach
State: ME
Subdivision: Summer Winds
Lot Size: 10.18 Acres
Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Irrigation System
View: N/A

HOA & Fees

HOA Fee: $340 monthly
Association Fee: $340 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 • Charlene's Coastal Properties

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1616689

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

26 Summer Winds Drive UNIT 62,Old Orchard Beach,ME,04064

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

26 Summer Winds Drive UNIT 62Old Orchard BeachME04064