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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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
75.1
Cash Flow/m
2365- 4 Bed
- 3 Bath
- 3000 sft
26 Pine Street, Andover, ME, 04216

$ 247,000
ROI
36.2
Cash Flow/m
1130- 4 Bed
- 2 Bath
- 2100 sft
53 Pine Street, Andover, ME, 04216

Fix & Flip
$ 153,000
ROI
24.6
Cash Flow/m
204- 3 Bed
- 1 Bath
- 1760 sft
84 N North Main Street, Andover, ME, 04216
Why Invest in Andover, Maine?
Investing in single-family homes in Andover, ME offers stable rental yields and attractive cap rates, making it an appealing opportunity for real estate investors. With an average ROI of around 7% and steady appreciation rates, properties here provide consistent cash flow in a growing market. The renter-occupied rate is strong, indicating a healthy demand for rental homes. Single-family homes benefit from local economic growth and a balanced housing supply, providing diversified investment security.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Andover, ME is about 7%, reflecting a solid investment supported by stable rental demand and property appreciation.
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