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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in East Andover, ME
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Here are some other similar properties you might be interested in:
Fix & Flip
Motivated Seller
Listed for sale 6 days ago
$ 100,000
ROI
25.4
Cash Flow/m
158- 3 Bed
- 1 Bath
- 1134 sft
20 Middle Avenue, Mexico, ME, 04257
$ 100,000
ROI
25.2Cash Flow/m
152- 3 Bed
- 2 Bath
- 960 sft
18 South Boulevard, Norway, ME, 04268
$ 100,000
ROI
9.5Gross Rent Yield
9.6- 3 Bed
- 2 Bath
- 1568 sft
55 Averill Mobile Home Park, Benton, ME, 04901
$ 100,000
ROI
25.5Cash Flow/m
159- - Bed
- 1 Bath
- 660 sft
726 S Arm Road, Andover, ME, 04216
Fix & Flip
$ 100,000
ROI
25.6Cash Flow/m
162- 2 Bed
- 1 Bath
- - sft
922 US-202, Greene, ME, 04236
$ 100,000
ROI
25.6Cash Flow/m
163- 3 Bed
- 1 Bath
- 1575 sft
29 Washington Street, Waterville, ME, 04901
Airbnb Potential
$ 100,000
ROI
24.3Cash Flow/m
127- 1 Bed
- 1 Bath
- 416 sft
390 Upper Long Pond, Bucksport, ME, 04416
$ 100,000
ROI
10.9Gross Rent Yield
9.3- 2 Bed
- 1 Bath
- 784 sft
28 Hobson Avenue, Veazie, ME, 04401
$ 100,000
ROI
24.5Cash Flow/m
132- 4 Bed
- 6 Bath
- 1232 sft
381 Hancock Street, Bangor, ME, 04401
Fix & Flip
$ 100,000
ROI
24.9Cash Flow/m
142- 3 Bed
- 3 Bath
- 2010 sft
500 Hope Road, Camden, ME, 04843
Fix & Flip
$ 100,000
ROI
24.8Cash Flow/m
139- 1 Bed
- 1 Bath
- 800 sft
21 Ferry Road, Bethel, ME, 04217
$ 100,000
ROI
25.6Cash Flow/m
163- - Bed
- 1 Bath
- 338 sft
Lot 6.4 Town Farm Road, Milo, ME, 04463
Motivated Seller
$ 100,000
ROI
24.7Cash Flow/m
137- 2 Bed
- 1 Bath
- 800 sft
12 Cote Street, Skowhegan, ME, 04976
Fix & Flip
$ 100,000
ROI
24.2Cash Flow/m
123- 3 Bed
- 1 Bath
- 1600 sft
38 Aroostook Scenic Highway, Hersey, ME, 04780
Fix & Flip
$ 100,000
ROI
27.3Cash Flow/m
209- 3 Bed
- 2 Bath
- 1040 sft
9 Jackson, Dexter, ME, 04930
$ 100,000
ROI
24.4Cash Flow/m
130- 3 Bed
- 1 Bath
- 1102 sft
515 Water Street, Guilford, ME, 04443
Fix & Flip
$ 100,000
ROI
25.9Cash Flow/m
171- 2 Bed
- 1 Bath
- 1057 sft
5 Oceanville Road, Stonington, ME, 04681
Rental Income
$ 100,000
ROI
25.9Cash Flow/m
170- 2 Bed
- 1 Bath
- 662 sft
49 Oxford Avenue, Rumford, ME, 04276
$ 100,000
ROI
25.0Cash Flow/m
146- 1 Bed
- - Bath
- 320 sft
709 Fire Road, Houlton, ME, 04730
$ 100,000
ROI
5.1Gross Rent Yield
9.2- 3 Bed
- 2 Bath
- 1064 sft
61 Oxbow Drive, Lewiston, ME, 04240
$ 100,000
ROI
(0.7)Gross Rent Yield
9.6- 2 Bed
- 1 Bath
- 1032 sft
59 Sandalwood Circle, Kittery, ME, 03904
Fix & Flip
$ 100,000
ROI
25.4Cash Flow/m
156- 4 Bed
- 1 Bath
- 1200 sft
20 Main Street, Sangerville, ME, 04479
$ 100,000
ROI
10.6Gross Rent Yield
9.3- 2 Bed
- 2 Bath
- 1120 sft
20 Forest Drive, Poland, ME, 04274
$ 100,000
ROI
55.0Cash Flow/m
980- 1 Bed
- 1 Bath
- 505 sft
6 Linden Avenue, Old Orchard Beach, ME, 04064
Why Invest in East Andover, Maine?
Investing in East Andover, ME properties under $500k offers a unique opportunity for affordable entry into a stable market. This price filter caters to investors seeking solid rental yields, with average cash flow and cap rates favorable compared to statewide averages. East Andover has a renter-occupied rate that supports consistent rental demand. Appreciation trends and ROI metrics indicate steady growth, reflecting the area's growing economy and population stability.
7.1%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$650/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Properties under $500k mostly include single-family homes and small multi-family units. These are ideal for investors looking for affordable entry points with potential for stable rental income.
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