Under $500K Investment Properties for Sale in Cherryfield, ME
142- 2 Bed
- 1 Bath
- 770 sft
264- 5 Bed
- 1 Bath
- 2614 sft
214- 3 Bed
- 1 Bath
- 1100 sft
138- 5 Bed
- 1 Bath
- 1116 sft
-- 3 Bed
- 2 Bath
- 1770 sft
386- 6 Bed
- 2 Bath
- 2744 sft
152- 1 Bed
- - Bath
- 640 sft
- 3 Bed
- 2 Bath
- 1008 sft
- 2 Bed
- 2 Bath
- 924 sft
165- 3 Bed
- 2 Bath
- 1136 sft
162- 3 Bed
- 1 Bath
- 1134 sft
- 3 Bed
- 2 Bath
- 1568 sft
159- - Bed
- 1 Bath
- 660 sft
162- 2 Bed
- 1 Bath
- - sft
127- 1 Bed
- 1 Bath
- 416 sft
- 2 Bed
- 1 Bath
- 784 sft
132- 4 Bed
- 6 Bath
- 1232 sft
142- 3 Bed
- 3 Bath
- 2010 sft
139- 1 Bed
- 1 Bath
- 800 sft
163- - Bed
- 1 Bath
- 338 sft
137- 2 Bed
- 1 Bath
- 800 sft
123- 3 Bed
- 1 Bath
- 1600 sft
209- 3 Bed
- 2 Bath
- 1040 sft
130- 3 Bed
- 1 Bath
- 1102 sft
171- 2 Bed
- 1 Bath
- 1057 sft
170- 2 Bed
- 1 Bath
- 662 sft
146- 1 Bed
- - Bath
- 320 sft
Why Invest in Cherryfield, Maine?
Investing in Cherryfield, ME under $500k offers attractive opportunities for real estate investors seeking affordable entry points. This market shows an average ROI of 6.2% and a solid cap rate of 7.5%, supported by a rental yield around 5.8%. Properties typically generate an average monthly cash flow of $450, with average rents near $850. Appreciation trends remain steady, driven by a rising renter-occupied rate nearing 55%. These metrics reflect a stable, income-generating real estate environment ideal for budget-conscious investors.
Frequently Asked Questions
Properties under $500k in Cherryfield typically include single-family homes, small multi-family units, and some condos. These options cater well to investors seeking affordable rental properties with positive cash flow.
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