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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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?
Investing in Cherryfield, ME offers promising opportunities with its high rental yield properties. This area is noted for an average ROI of around 8%, rental yields nearing 9%, and a cap rate of approximately 7%, making it an attractive market for investors focusing on strong cash flow. The average rent stands at about $900, supporting steady appreciation near 3%. Renter occupancy rates remain robust at 92%, reflecting healthy demand in Cherryfield's rental market.
8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Cherryfield is around 9%, making it an attractive location for investors seeking strong returns.
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