High Rental Yield Investment Properties for Sale in Boothbay Harbor, ME
$ 445,000
ROI
24.2
Cash Flow/m
552- 3 Bed
- 1 Bath
- 960 sft
89 Lakeview Road, Boothbay Harbor, ME, 04538
$ 279,000
ROI
21.4Cash Flow/m
125- 4 Bed
- 1 Bath
- 960 sft
247 Ocean Point Road, Boothbay Harbor, ME, 04538
$ 299,000
ROI
21.7Cash Flow/m
161- 3 Bed
- 2 Bath
- 1140 sft
8 Highland Park Road, Boothbay Harbor, ME, 04538
$ 698,000
ROI
24.0Cash Flow/m
756- 3 Bed
- 5 Bath
- 2000 sft
37 Mckown Street, Boothbay Harbor, ME, 04538
Why Invest in Boothbay Harbor, Maine?
Investing in Boothbay Harbor, ME offers attractive opportunities for high rental yield properties. This coastal town has an average rental yield of 7.2%, making it a lucrative spot for rental income. The average ROI of 8.5% combines well with a cap rate of 6.8%, attracting investors seeking strong cash flow. The avgRent is currently around $1,350, supported by a renterOccupied rate of 40%, reflecting steady demand in the local housing market.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Boothbay Harbor is approximately 7.2%, supported by steady demand and low vacancy rates.
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