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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
$ 480,000
ROI
29.3
Cash Flow/m
1269- 4 Bed
- 4 Bath
- 1994 sft
130 Farmers Hill Road, Andover, ME, 04216

Rental Income
$ 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
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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