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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Bridgton, ME
Listed for sale 4 days ago
$ 274,000
ROI
24.2
Cash Flow/m
338- 2 Bed
- 2 Bath
- 880 sft
236 Portland Road #B, Bridgton, ME, 04009
Listed for sale 5 days ago
$ 289,900
ROI
22.8Cash Flow/m
242- 2 Bed
- 2 Bath
- 1020 sft
62 Middle Ridge Road #A, Bridgton, ME, 04009
Listed for sale 5 days ago
$ 289,900
ROI
22.8Cash Flow/m
242- 2 Bed
- 2 Bath
- 1020 sft
62 Middle Ridge Road #B, Bridgton, ME, 04009
$ 519,000
ROI
20.2Cash Flow/m
21- 3 Bed
- 3 Bath
- 1600 sft
Unit 5 Mountain Road #5, Bridgton, ME, 04009
Why Invest in Bridgton, Maine?
Investing in condos in Bridgton, ME offers unique opportunities amidst a stable rental market and moderate appreciation. With an average ROI of 7.8% and a rental yield near 5.5%, the market shows promising returns for residential property investors. The cap rate averages around 6.2%, while average cash flow provides steady income. Bridgton's avg rent is $1,200, supported by a 60% renter occupancy rate, indicating consistent demand for quality rental units.
7.8%
Avg. ROI
5.5%
Rental Yield
6.2%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Bridgton is approximately 5.5%, offering competitive returns compared to other markets in Maine.
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