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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Saco, ME
$ 335,000
ROI
24.9
Cash Flow/m
479- 3 Bed
- 1 Bath
- 1284 sft
224 North Street #101, Saco, ME, 04072
$ 375,000
ROI
22.0Cash Flow/m
238- 2 Bed
- 1 Bath
- 1030 sft
372 Main Street #201, Saco, ME, 04072
$ 410,000
ROI
26.4Cash Flow/m
753- 5 Bed
- 2 Bath
- 1696 sft
22 Ocean Park Road #139, Saco, ME, 04072
$ 295,000
ROI
24.0Cash Flow/m
348- 2 Bed
- 1 Bath
- 891 sft
11 Academy Place #36, 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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