Investment Properties Under $300K in Auburn, ME | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Auburn, ME

Why Invest in Auburn, Maine?

Auburn, ME offers strong investment potential in homes under $300k, with affordable entry points for cash-flowing properties. Rental yields average 7-8% due to steady demand from local workers. Cap rates hover around 8%, supported by low vacancy and moderate appreciation. Renter-occupied units make up 40% of housing stock, ensuring reliable income streams. Proximity to Lewiston boosts workforce appeal for investors targeting value-add opportunities.

9.5%
Avg. ROI
7.8%
Rental Yield
8.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.1%
1Y Appreciation

Frequently Asked Questions

Affordable homes under $300k offer high cap rates around 8% and strong rental yields from local demand. Proximity to jobs and colleges ensures low vacancy. Investors benefit from steady appreciation in this growing Maine city.

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