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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Corinna, ME
$ 289,000
ROI
23.6
Cash Flow/m
308- 4 Bed
- 1 Bath
- 1300 sft
87 Moody Mills Road, Corinna, ME, 04928
$ 229,000
ROI
26.4Cash Flow/m
423- 4 Bed
- 1 Bath
- 1660 sft
408 Bowden Road, Corinna, ME, 04928
$ 269,900
ROI
21.3Cash Flow/m
119- 3 Bed
- 2 Bath
- 1960 sft
79 Pleasant Vale Road, Corinna, ME, 04928
$ 199,000
ROI
24.8Cash Flow/m
281- 2 Bed
- 2 Bath
- 1152 sft
220 Merrill 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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