41 Red Oak Dr, Old Orchard Beach, ME, 04064 | 3.85% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

41 Red Oak Dr, Old Orchard Beach, ME, 04064 | 3.85% Rental Yield | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1520 sft

6 Carriage Way #6, Saco, ME, 04072

Currently Rented+ 2 more

6 Bed
6 Bath
3467 sft

3-5 Central Avenue, Old Orchard Beach, ME, 04064

3 Bed
2 Bath
1224 sft

111 Bradley Street UNIT 15, Saco, ME, 04072

3 Bed
2 Bath
1528 sft

50 Ocean Park Rd #2, Saco, ME, 04072

Nearby investment properties with comparable prices

4 Bed
4 Bath
4474 sft

11 Ocean Greens Drive, Saco, ME, 04072

3 Bed
2 Bath
2373 sft

305 Pointed Fir Boulevard W, Wells, ME, 04090

3 Bed
3 Bath
2584 sft

100 Boyds Corner Road, South Berwick, ME, 03908

3 Bed
3 Bath
2024 sft

37 Cascade Circle Lot 26, Kennebunk, ME, 04043

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

Investment property for sale in Old Orchard Beach at 41 Red Oak Dr, Old Orchard Beach, ME, 04064 offers a 3.85% rental yield on a $990,000 purchase with $3,180/mo rent. 56% in year one. Equity gained on principal adds $6,388/yr while 5% annual appreciation supports $273,519 over five years. Portfolio math shows five-year ROI at 37.17% and total cumulative return in cash at $121,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,180/mo property income against a $4,846/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

N/A lot

$N/A/sqft

$325 monthly HOA

More details about the property

Coastal comfort and timeless design in The Tidewater at Sea Oaks. This beautifully crafted 4-bed, 2.5-bath home features 2,688 sq ft of open living, a custom kitchen with premium countertops, gas fireplace, walk-in pantry, and sliding doors to a private patio. Enjoy 3 spacious bedrooms, including a luxurious primary suite with walk-in closet and spa-like bath with soaking tub and custom tilework. Includes a guest bath, laundry room, full basement, and a 2-car garage with separate bays. The professionally managed HOA covers snow removal, landscaping, and sidewalk maintenance. Community perks include pickleball courts and a 1.5-mile nature trail. The Tidewater brings you the ideal balance of style, comfort, and coastal charm, with plenty of room to relax and unwind.

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