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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 2 days ago
$ 349,500
ROI
24.1
Cash Flow/m
423- 2 Bed
- 2 Bath
- 990 sft
64 Ocean Park Road #2, Saco, ME, 04072
Listed for sale 6 days ago
$ 325,000
ROI
24.9Cash Flow/m
467- 2 Bed
- 1 Bath
- 722 sft
994 Portland Road #29, Saco, ME, 04072
$ 337,500
ROI
23.6Cash Flow/m
363- 2 Bed
- 1 Bath
- 1054 sft
372 Main Street #203, Saco, ME, 04072
$ 450,000
ROI
22.4Cash Flow/m
334- 3 Bed
- 2 Bath
- 1271 sft
7 Sawyer Street #2, 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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