Investment Properties for Sale in Detroit, ME
Fix & Flip
$ 129,900
ROI
25.4
Cash Flow/m
204- 4 Bed
- 2 Bath
- 1920 sft
94 Main Street, Detroit, ME, 04929
Fix & Flip
$ 174,900
ROI
24.3Cash Flow/m
219- 2 Bed
- 1 Bath
- 1008 sft
247 River Road, Detroit, ME, 04929
$ 275,000
ROI
23.3Cash Flow/m
267- 3 Bed
- 2 Bath
- 3100 sft
64 Bragg Road, Detroit, ME, 04929
$ 219,000
ROI
26.1Cash Flow/m
389- 3 Bed
- 2 Bath
- 1120 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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