64 Old Orchard Road UNIT 2, Saco, ME, 04072 | 7.86% Rental Yield

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64 Old Orchard Road UNIT 2, Saco, ME, 04072 | 7.86% Rental Yield | Ziffy

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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 Saco at 64 Old Orchard Road UNIT 2, Saco, ME, 04072 offers a 7.86% rental yield on a $415,000 purchase with $2,718/mo rent. 72% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 92.4% and total cumulative return in cash at $127,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,718/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2023

0.48 Acres lot

$N/A/sqft

$350 monthly HOA

More details about the property

Townhouse living close to town, golf at Biddeford/Saco CC, 7 miles of local beaches, and easy access to the highway. The townhouse units are two story with 1020 sq ft of living space. Two beds, 1 full bath, and a half bath on the first floor. Easy commuter access to I-95 without the hassle of in-town traffic. This spacious middle unit provides hassle free as the exterior maintenance is taken care of by the 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

Price History

Date	Event	Price
2024-12-09	Listed for sale	$415,000
2024-08-24	Listing removed	N/A
2024-06-06	Listed for sale	$415,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
2024-01-28	$4666.00	N/A	$332,100	N/A

Nearby investment properties with comparable rents

3 Bed
1 Bath
960 sft

17 Dorsey Street, Springvale, ME, 04083

2 Bed
2 Bath
1232 sft

29 Old Orchard Road #10, Saco, ME, 04072

2 Bed
2 Bath
1322 sft

87 Anna Robert Circle, Wells, ME, 04090

2 Bed
2 Bath
1040 sft

162 Beach Street UNIT 5, Saco, ME, 04072

Nearby investment properties with comparable prices

3 Bed
2 Bath
1296 sft

7 Raymond Street, Sanford, ME, 04073

3 Bed
2 Bath
1310 sft

192 Cleaves Street, Biddeford, ME, 04005

2 Bed
1 Bath
798 sft

1 Old County Road #112, Wells, ME, 04090

3 Bed
2 Bath
1564 sft

28 Brunelle Avenue, Sanford, ME, 04073

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2023
Architectural Style: Colonial
Building Area: 1,020
Living Area: 1,020 sqft
Property Condition: N/A

Features & Amenities

Heating: Heat Pump
Cooling: Heat Pump
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: 1 - 4 Spaces, Paved, Common, Off Street

Location

City: Saco
State: ME
Subdivision: N/A
Lot Size: 0.48 Acres
Lot Features: Level, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
View: N/A

HOA & Fees

HOA Fee: $350 monthly
Association Fee: $350 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Public Sewer
Water Source: Public
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Better Homes & Gardens Real Estate/The Masiello Group

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1610930

Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782

64 Old Orchard Road UNIT 2,Saco,ME,04072

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

64 Old Orchard Road UNIT 2SacoME04072