8 Park St UNIT 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 8 Park St UNIT 2, Saco, ME, 04072 earns $1,766/mo cash flow from $3,684/mo rent with a $1,487/mo payment. Total monthly income totals $3,684/mo, and annual cash flow totals $21,198/yr on $100,743 capital. ROI tracks 40.95% on current figures, and rental yield reads 14.55% at a $303,900 purchase. Equity gained on principal adds $1,961/yr, and 5% annual appreciation supports $83,962 over five years. Five-year ROI reaches 215.85% and total cumulative return in cash sums $217,452. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,684/mo property income instead of your personal income.
Condo
Built in 1988
5,227 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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