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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Old Orchard Beach at 5 Oregon Avenue #210, Old Orchard Beach, ME, 04064 uses $125,970 cash to close to unlock $2,828/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $2,634/mo, and a $1,860/mo payment keeps the spread at $236/mo. Purchase price stands at $380,000, and rental yield measures 8.32% with $2,634/mo rent. Return on cash invested shows 22.15% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 115.05% and total cumulative return in cash records $144,925. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,634/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Condo
Built in 1988
1.40 Acres 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 • Maine Real Estate Experts
Mls Name: Maine Listings
Mls ID: #1638926
