Under $500K Investment Properties for Sale in Corinna, ME
$ 225,000
ROI
28.4
Cash Flow/m
538- 3 Bed
- 1 Bath
- 1500 sft
54 Stetson Road, Corinna, ME, 04928
$ 469,900
ROI
28.6Cash Flow/m
1154- 5 Bed
- 3 Bath
- 3200 sft
67 Hillside Drive, Corinna, ME, 04928
$ 190,000
ROI
25.2Cash Flow/m
286- 3 Bed
- 1 Bath
- 881 sft
16 Kenwood Avenue, Corinna, ME, 04928
$ 429,000
ROI
22.3Cash Flow/m
303- 4 Bed
- 3 Bath
- 2177 sft
505 Greenbush Road, Corinna, ME, 04928
Why Invest in Corinna, Maine?
Investing in Corinna, ME, especially properties under $500k, presents a unique opportunity to tap into a stable rental market with an average ROI of 6.5%. Rental yields stand strong at 7%, supported by a 4.8% cap rate and a consistent average cash flow. The area's average rent is affordable at $900, attracting a steady renter-occupied rate of 62%. Appreciation remains modest at 2.5%, ensuring low volatility and long-term growth potential in this charming Maine town.
6.5%
Avg. ROI
7%
Rental Yield
4.8%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Corinna generally include single-family homes, some small multifamily units, and condos. These options provide good entry points for new investors seeking steady rental income.
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