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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% |
Rental property for sale in Saco at 6 Carriage Way #6, Saco, ME, 04072 offers $3,180/mo rent that, after a $2,423/mo payment, leaves $56/mo cash flow. Total monthly income is $3,180/mo, and annual cash flow is $669/yr on $164,093 cash. Return on cash invested measures 20.32% in year one, and rental yield stands at 7.71% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 105.18% and total cumulative return in cash reaches $172,594. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,180/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2005
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04072, Saco, ME area.
| 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 |
Residential
9,563
Single Family
8,876
Multi-Family
687
Businesses
678
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 • RE/MAX Shoreline
Mls Name: Maine Listings
Mls ID: #1632593
