Condo Investment Properties for Sale in Saco, ME
Listed for sale 2 days ago
$ 505,000
ROI
21.0
Cash Flow/m
131- 3 Bed
- 3 Bath
- 1835 sft
236 North Street #8, Saco, ME, 04072
Listed for sale 2 days ago
$ 350,000
ROI
22.0Cash Flow/m
219- 2 Bed
- 2 Bath
- 1232 sft
29 Old Orchard Road #5, Saco, ME, 04072
$ 465,000
ROI
24.0Cash Flow/m
545- 3 Bed
- 3 Bath
- 1390 sft
321 North Street N #2, Saco, ME, 04072
$ 524,900
ROI
23.5Cash Flow/m
499- 3 Bed
- 3 Bath
- 1442 sft
1 June Drive #102, 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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