50 Ocean Park Rd #2SacoME04072
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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
Investment Highlights
Investment property for sale in Saco at 50 Ocean Park Rd #2, Saco, ME, 04072 at $532,400 posts ROI 18.83% with from $3,180/mo rent. Total monthly income equals $3,180/mo. Return on cash invested measures 18.83% and rental yield reads 7.17% at the current $532,400. Equity gained on principal adds $3,435/yr, and 5% annual appreciation supports $147,092 by year five. Five-year ROI prints 97.15% and total cumulative return in cash totals $170,176. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04072, Saco, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,169 (100%) |
| Owner Occupied HU | 6,451 (63.4%) |
| Renter Occupied HU | 2,842 (27.9%) |
| Vacant Housing Units | 876 ( 8.6%) |
| Median Home Value | $440,416 |
| Average Home Value | $473,380 |
Housing Distribution
Address Breakdown
Residential
9,563
Single Family
8,876
Multi-Family
687
Businesses
678
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