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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 7 King Phillip Drive, Old Orchard Beach, ME, 04064 at $679,000 posts ROI 20.74% with $126/mo cash flow from $4,411/mo rent. Total monthly income equals $4,411/mo, and annual cash flow records $1,513/yr on $223,391 to close. Return on cash invested measures 20.74% and rental yield reads 7.8% at the current $679,000. Equity gained on principal adds $4,381/yr, and 5% annual appreciation supports $187,595 by year five. Five-year ROI prints 107.43% and total cumulative return in cash totals $239,987.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,411/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
0.93 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: Jennifer Seabrooke • BHHS Verani Seacoast
Mls Name: PrimeMLS
Mls ID: #5052989
