4 Union Avenue, Old Orchard Beach, ME, 04064 | 4.43% Rental Yield

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4 Union Avenue, Old Orchard Beach, ME, 04064 | 4.43% Rental Yield | Ziffy

For Sale

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 Old Orchard Beach at 4 Union Avenue, Old Orchard Beach, ME, 04064 listed at $949,900 pairs $3,504/mo rent with a $4,649/mo payment. Total monthly income runs $3,504/mo. Return on cash invested measures 10.5% in year one, and rental yield registers 4.43% at a $949,900 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,440 by year five. Five-year ROI tracks 52.5% and total cumulative return in cash totals $164,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,504/mo property income relative to a $4,649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2014

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Imagine waking up to breathtaking sunrises and spending sun-soaked days on the beach with loved onesthis charming 3-bedroom cottage offers all that and more. Just steps from the shore, this light-filled retreat boasts stunning ocean views and an inviting, open-concept layout perfect for making unforgettable memories. The sunlit kitchen is ideal for gathering with family and friends, while the spacious upstairs primary suite features sweeping ocean views and private access to a serene side deck. Outside, a fenced yard offers space to relax or entertain, complete with a large shed for all your beach gear. Off-street parking for two vehicles ensures convenience, and efficient heat pumps provide comfort in every season. Whether you're looking for a peaceful getaway or a smart rental investment, this coastal gem has it all. Full of character, charm, and rental potentialdon't miss your chance to own a piece of paradise!

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