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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Andover, ME
$ 235,000
ROI
21.6
Cash Flow/m
123- 3 Bed
- 3 Bath
- 1400 sft
289 S Main Street, Andover, ME, 04216
Fix & Flip
Rental Income
$ 153,500
ROI
75.1Cash Flow/m
2365- 4 Bed
- 3 Bath
- 3000 sft
26 Pine Street, Andover, ME, 04216
$ 247,000
ROI
36.2Cash Flow/m
1130- 4 Bed
- 2 Bath
- 2100 sft
53 Pine Street, Andover, ME, 04216
Fix & Flip
$ 153,000
ROI
24.6Cash Flow/m
204- 3 Bed
- 1 Bath
- 1760 sft
84 N North Main Street, Andover, ME, 04216
Why Invest in Andover, Maine?
Investing in Andover, ME offers promising high ROI opportunities, especially for those focused on high cash flow properties. The area boasts an average ROI of 8.3%, rental yields around 6.5%, and cap rates near 7%. With an average monthly rent of $1,200 and steady appreciation at 3.2%, Andover is attractive for investors seeking stable and lucrative returns. The renter-occupied rate at 55% highlights a solid tenant base, making it ideal for investment portfolio growth.
8.3%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Properties focused on high cash flow in Andover, ME typically see an average ROI of about 8.3%, with cap rates near 7%. This makes it an appealing market for steady, income-generating investments.
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