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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Saco, ME
Listed for sale 3 days ago
$ 285,000
ROI
23.5
Cash Flow/m
300- 2 Bed
- 1 Bath
- 816 sft
9 Nottingham Drive #9, Saco, ME, 04072
Listed for sale 6 days ago
$ 349,900
ROI
25.7Cash Flow/m
581- 3 Bed
- 1 Bath
- 1284 sft
224 North Street #102, Saco, ME, 04072
$ 300,000
ROI
24.9Cash Flow/m
425- 2 Bed
- 2 Bath
- 1060 sft
73 Ocean Park Road #6, Saco, ME, 04072
$ 289,000
ROI
26.7Cash Flow/m
556- 2 Bed
- 1 Bath
- 848 sft
27 Pepperell Street #1, Saco, ME, 04072
Why Invest in Saco, Maine?
Investing in Saco, ME condos offers strong potential for rental income and appreciation in this coastal market. Properties move quickly with high demand from renters seeking proximity to beaches and Portland. Expect solid **cap rates** around 5-6% and **rental yields** near 6%, driven by stable employment and tourism. Annual appreciation averages 2-3%, with low vacancy supporting cash flow. Renter-occupied units comprise about 35% of housing stock.
7.2%
Avg. ROI
6.1%
Rental Yield
5.4%
Cap Rate
$1850/mo
Avg. Cash Flow
$2100/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Yes, Saco condos offer reliable rental yields around 6% due to tourism and commuter demand. Low vacancy and quick sales support steady cash flow. Proximity to beaches adds appreciation potential.
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