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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Caribou, ME
Listed for sale 2 days ago
$ 229,900
ROI
22.0
Cash Flow/m
140- 4 Bed
- 2 Bath
- 1535 sft
16 Bennett Drive, Caribou, ME, 04736
Motivated Seller
$ 200,500
ROI
21.1Cash Flow/m
75- - Bed
- - Bath
- - sft
183 Main St, Caribou, ME, 04736
$ 159,000
ROI
25.1Cash Flow/m
237- 4 Bed
- 3 Bath
- 1720 sft
46 Collins Street, Caribou, ME, 04736
$ 282,500
ROI
26.6Cash Flow/m
539- 3 Bed
- 2 Bath
- 2292 sft
7 Lynn Drive, Caribou, ME, 04736
Why Invest in Caribou, Maine?
Investing in Caribou, ME, offers attractive opportunities even under $300k, perfect for budget-conscious investors. The local market boasts an average ROI of 7%, solid rental yields around 6%, and cap rates near 8%. There is consistent appreciation of approximately 2.5%, driven by a stable renter-occupied rate of 65%. This combination makes Caribou a smart market for steady cash flow and long-term growth in Maine.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Caribou typically include single-family homes, small multifamily buildings, and condos. These options provide affordable entry points for investors with good rental demand.
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