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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Cornish, ME
$ 300,000
ROI
27.0
Cash Flow/m
605- 2 Bed
- 1 Bath
- 768 sft
5 Tracey Lane, Cornish, ME, 04020
Fix & Flip
$ 162,000
ROI
56.3Cash Flow/m
1650- 3 Bed
- 1 Bath
- 1671 sft
63 Maple Street, Cornish, ME, 04020
$ 299,000
ROI
25.9Cash Flow/m
513- 2 Bed
- 1 Bath
- 891 sft
33 Berryvale Road, Cornish, ME, 04020
$ 155,000
ROI
54.5Cash Flow/m
1498- 3 Bed
- 1 Bath
- 3946 sft
51 Main Street, Cornish, ME, 04020
Why Invest in Cornish, Maine?
Investing in Cornish, ME properties priced under $300k offers a balanced entry point into a growing Maine market. The area's average rental yield of 5.2% and cap rate near 6% align well for stable, moderate-risk investments. Appreciation in Cornish runs about 3% annually, and average cash flow remains attractive due to affordable property prices and rental demand. Renter occupancy is strong at approximately 59%, indicating a healthy rental market for investors.
7.5%
Avg. ROI
5.2%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $300k in Cornish is approximately 7.5%, making it an attractive option for moderate-risk investors.
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