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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Saco, ME

$ 347,700
ROI
23.5
Cash Flow/m
359- 2 Bed
- 2 Bath
- 1062 sft
1 Saco Island Terrace #131, Saco, ME, 04072

$ 299,000
ROI
22.3
Cash Flow/m
213- 1 Bed
- 1 Bath
- 540 sft
994 Portland Road #6, Saco, ME, 04072

$ 499,900
ROI
22.1
Cash Flow/m
324- 3 Bed
- 2 Bath
- 1528 sft
50 Ocean Park Road #101, Saco, ME, 04072

$ 510,000
ROI
23.3
Cash Flow/m
451- 3 Bed
- 3 Bath
- 1460 sft
75 Maple Street #101, 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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