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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
$ 369,900
ROI
25.0
Cash Flow/m
537- 3 Bed
- 2 Bath
- 1404 sft
8 Day Street #8, Saco, ME, 04072
Listed for sale 4 days ago
$ 349,900
ROI
20.5Cash Flow/m
68- 3 Bed
- 1 Bath
- 1284 sft
224 North Street #101, Saco, ME, 04072
$ 345,000
ROI
23.4Cash Flow/m
351- 2 Bed
- 2 Bath
- 1062 sft
1 Saco Island #111, Saco, ME, 04072
$ 409,000
ROI
24.4Cash Flow/m
523- 5 Bed
- 2 Bath
- 2016 sft
22 Ocean Park Road #136, 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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