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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
Listed for sale 4 days ago
$ 499,000
ROI
21.2
Cash Flow/m
201- 2 Bed
- 1 Bath
- 880 sft
42 Wawenock Trail, Boothbay Harbor, ME, 04538
$ 340,000
ROI
22.1Cash Flow/m
224- 2 Bed
- 2 Bath
- 960 sft
27 Kenney Field Drive, Boothbay Harbor, ME, 04538
$ 429,000
ROI
23.6Cash Flow/m
464- 3 Bed
- 2 Bath
- 1647 sft
261 Ocean Point Road, Boothbay Harbor, ME, 04538
$ 299,900
ROI
21.8Cash Flow/m
167- 2 Bed
- 2 Bath
- 1055 sft
1 Harbor Pond Road #1, 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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