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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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
23.8Cash Flow/m
333- 3 Bed
- 2 Bath
- 1230 sft
15 S Main Street, Detroit, ME, 04929
$ 212,000
ROI
31.7Cash Flow/m
702- 3 Bed
- 1 Bath
- 1800 sft
516 Troy Road, Detroit, ME, 04929
$ 129,000
ROI
46.4Cash Flow/m
957- 2 Bed
- 2 Bath
- 980 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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