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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 Old Orchard Beach at 69 Saco Ave, Old Orchard Beach, ME, 04064 priced at $455,100 converts $2,734/mo rent into after a $2,227/mo obligation. Total monthly income equals $2,734/mo. Return on cash invested prints 18.81% in year one, and rental yield reads 7.21% against a $455,100 entry. Equity gained on principal adds $2,937/yr, while 5% annual appreciation compiles into $125,736 by year five. Five-year ROI reaches 97.14% and total cumulative return in cash sums $146,555. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,734/mo property income covering a $2,227/mo payment, not borrower’s personal income.
Single Family
Built in 1889
5,227 sqft 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 |
|---|---|---|
| 2025-09-02 | Listing removed | $479,000 |
| 2025-08-28 | Price change | $479,000 |
| 2025-07-04 | Price change | $480,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $2609.00 | N/A | $228,900 | N/A |
| 2023-10-08 | $2609.00 | 4.07% | $228,900 | 11.77% |
| 2022-10-08 | $2507.00 | 4.02% | $204,800 | 20.33% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
