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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Detroit, ME

$ 275,000
ROI
21.8
Cash Flow/m
157- 4 Bed
- 2 Bath
- 2280 sft
119 North Road, Detroit, ME, 04929

$ 295,000
ROI
23.8
Cash Flow/m
333- 3 Bed
- 2 Bath
- 1230 sft
15 S Main Street, Detroit, ME, 04929

$ 212,000
ROI
31.7
Cash Flow/m
702- 3 Bed
- 1 Bath
- 1800 sft
516 Troy Road, Detroit, ME, 04929

$ 129,000
ROI
46.4
Cash Flow/m
957- 2 Bed
- 2 Bath
- 980 sft
36 Main Street, Detroit, ME, 04929
Why Invest in Detroit, Maine?
Investing in Detroit, ME offers unique opportunities for those interested in the local market. The average ROI in this area is competitive with a strong rental yield of around 7%, supported by a cap rate near 6%. Investors enjoy an average cash flow of $900 per property and steady appreciation rates close to 3% annually. The renter-occupied rate remains high, indicating a strong demand for rental properties in this locale.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$900/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, Detroit, ME has steady rental demand with solid rental yields and cap rates. The area shows moderate appreciation and a high renter occupancy rate, making it suitable for investment.
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