Under $200K Investment Properties for Sale in Biddeford, ME
1022- 2 Bed
- 2 Bath
- 924 sft
148- 1 Bed
- 1 Bath
- 468 sft
19- 2 Bed
- 2 Bath
- 1008 sft
253- 4 Bed
- 1 Bath
- 1984 sft
Why Invest in Biddeford, Maine?
Discover investment opportunities in Biddeford, ME under $200k, where affordable entry points meet steady rental demand. Properties in this price range offer solid **cap rates** around 8-10% due to low acquisition costs and reliable tenant occupancy. The local economy supports consistent **rental yields** of 7-9%, bolstered by proximity to coastal tourism and manufacturing jobs. Annual **appreciation** averages 4%, driven by regional growth from Portland's spillover. High **renter-occupied** rates near 45% ensure cash flow stability for budget-conscious investors.
Frequently Asked Questions
Yes, limited inventory exists including condos and small multi-units under $200k, ideal for rental conversions. These properties offer strong cash flow potential given local rents averaging $1,250. Verify current listings through local MLS for availability.
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