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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Cape Neddick, ME
Rental Income
$ 275,000
ROI
22.8
Cash Flow/m
235- 1 Bed
- 1 Bath
- 338 sft
62 Pine Hill Road South Road, Cape Neddick, ME, 03902
$ 299,900
ROI
30.9Cash Flow/m
926- - Bed
- - Bath
- - sft
10 Ogunquit Road, Cape Neddick, ME, 03902
$ 149,900
ROI
57.8Cash Flow/m
1586- - Bed
- - Bath
- - sft
90 Mountain Road, Cape Neddick, ME, 03902
$ 175,000
ROI
48.5Cash Flow/m
1401- - Bed
- - Bath
- - sft
4 Lydston Way, Cape Neddick, ME, 03902
Why Invest in Cape Neddick, Maine?
Investing in Cape Neddick, ME properties under $300k offers a unique opportunity to tap into a stable coastal market with strong rental demand. This area boasts an average ROI of 7.1%, supported by a rental yield of 6.3% and a cap rate of 5.5%. Properties here typically generate an average cash flow of $1,100 monthly, with average rents around $1,250. The appreciation rate remains steady at 3%, while 55% of homes are renter-occupied, highlighting strong tenant presence.
7.1%
Avg. ROI
6.3%
Rental Yield
5.5%
Cap Rate
$1100/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Most properties under $300k in Cape Neddick include smaller single-family homes and condominiums. These are ideal for first-time investors or those looking for affordable coastal rentals.
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