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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Boothbay Harbor, ME
Currently Rented
Listed for sale 5 days ago
$ 349,000
ROI
25.8
Cash Flow/m
581- 3 Bed
- 1 Bath
- 1728 sft
34 Hutchinson Drive, Boothbay Harbor, ME, 04538
Fix & Flip
$ 189,000
ROI
24.5Cash Flow/m
251- 4 Bed
- 2 Bath
- 2404 sft
34 Williams Street, Boothbay Harbor, ME, 04538
$ 495,000
ROI
21.2Cash Flow/m
194- 2 Bed
- 1 Bath
- 644 sft
114 Appalachee Road, Boothbay Harbor, ME, 04538
$ 175,000
ROI
25.9Cash Flow/m
297- 2 Bed
- 1 Bath
- 960 sft
45 Reed Road, 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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