








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Old Orchard Beach at 28 Ancona Avenue, Old Orchard Beach, ME, 04064 priced at $1,150,000 converts $3,548/mo rent into after a $5,629/mo obligation. Total monthly income equals $3,548/mo. Return on cash invested prints 8.42% in year one, and rental yield reads 3.7% against a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation compiles into $317,724 by year five. Five-year ROI reaches 41.3% and total cumulative return in cash sums $153,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,548/mo property income covering a $5,629/mo payment, not borrower’s personal income.
Single Family
Built in 1888
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04064, Old Orchard Beach, ME area.
| 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 |
Residential
6,370
Single Family
5,809
Multi-Family
561
Businesses
355
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 • Ocean Park Realty
Mls Name: Maine Listings
Mls ID: #1635335