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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
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
32.1Cash Flow/m
1016- 3 Bed
- 2 Bath
- 1344 sft
135 Roxbury Pond Road, Andover, ME, 04216
$ 146,000
ROI
25.9Cash Flow/m
249- 2 Bed
- 1 Bath
- 1056 sft
89 Littlehale Road, Andover, ME, 04216
$ 169,900
ROI
25.5Cash 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 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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