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

Rental Income
Listed for sale 7 days ago
$ 175,000
ROI
21.1
Cash Flow/m
66- 4 Bed
- 1 Bath
- 1294 sft
8 Cross Street, Andover, ME, 04216

$ 295,000
ROI
32.1
Cash Flow/m
1016- 3 Bed
- 2 Bath
- 1344 sft
135 Roxbury Pond Road, Andover, ME, 04216

$ 146,000
ROI
25.9
Cash Flow/m
249- 2 Bed
- 1 Bath
- 1056 sft
89 Littlehale Road, Andover, ME, 04216

$ 169,900
ROI
25.5
Cash Flow/m
273- 1 Bed
- - Bath
- 736 sft
186 S South Arm Road, Andover, ME, 04216
Why Invest in Andover, Maine?
Investing in Andover, ME offers unique opportunities in the Maine real estate market. With an average ROI of 6.5% and cap rates around 7%, the area shows strong potential for rental yield and cash flow. The average monthly rent of $1,100 combined with a steady appreciation rate of 3% supports long-term growth. Approximately 55% of housing is renter-occupied, indicating healthy rental demand. These metrics make Andover a compelling option for investors seeking stability and moderate growth.
6.5%
Avg. ROI
5.8%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Andover, ME is approximately 5.8%, making it attractive for rental property investors seeking steady income.
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