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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Detroit, ME
$ 275,000
ROI
21.1
Cash Flow/m
106- 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?
Investing in properties under $500k in Detroit, ME offers a unique opportunity to tap into a growing market with a rising rental yield and solid cash flow. The city shows an average ROI of 7%, supported by a cap rate of 6.5% and average rents around $1,100 per month. Appreciation rates are steady, driven by ongoing urban renewal and infrastructure investments. With renter occupancy near 60%, demand remains strong, especially for affordable investment properties.
7%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500k in Detroit, ME is around 7%, making it an attractive market for investors seeking solid returns.
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