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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Cherryfield, ME
$ 328,000
ROI
27.5
Cash Flow/m
712- 5 Bed
- 1 Bath
- 2614 sft
17 Milbridge Road, Cherryfield, ME, 04622
$ 249,900
ROI
21.5Cash Flow/m
118- 2 Bed
- 1 Bath
- 770 sft
1188 ME-193, Cherryfield, ME, 04622
$ 129,000
ROI
25.7Cash Flow/m
214- 3 Bed
- 1 Bath
- 1100 sft
20 Smith Lane, Cherryfield, ME, 04622
$ 245,000
ROI
29.8Cash Flow/m
682- 3 Bed
- 2 Bath
- 2160 sft
133 North Street, Cherryfield, ME, 04622
Why Invest in Cherryfield, Maine?
Cherryfield, ME, offers a unique investment opportunity with a steady rental yield complemented by moderate appreciation. The local market, characterized by a reasonable average rent and growing renter occupancy, suits investors looking for stable cash flow. While exploring properties, consider that Cherryfield's economic fundamentals include healthy job growth and income trends. Its cap rates provide a competitive edge in the Maine real estate landscape for multifamily and single-family properties alike.
6.2%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Cherryfield is approximately 7.5%, providing a solid return for investors seeking steady rental income.
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