High Rental Yield 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?
Investors seeking high rental yield should consider Detroit, ME, offering attractive returns amid an affordable housing market. The high rental yield of 9.5% and cap rate of 7.8% provide solid income prospects. Average cash flow remains strong at $350 per unit monthly. With an average rent of $850 and steady appreciation of 3%, Detroit, ME is favorable for income-focused investors. The market also features a renter-occupied rate of 55%, indicating a stable tenant base.
10.2%
Avg. ROI
9.5%
Rental Yield
7.8%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Detroit, ME is approximately 9.5%, making it an attractive market for investors seeking high cash flow.
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