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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
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
$ 169,900
ROI
25.5Cash Flow/m
273- 1 Bed
- - Bath
- 736 sft
186 S South Arm Road, Andover, ME, 04216
Rental Income
$ 480,000
ROI
20.0Cash Flow/m
31- 4 Bed
- 4 Bath
- 1994 sft
130 Farmers Hill Road, 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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