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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Farmington, ME
Listed for sale 2 days ago
$ 274,900
ROI
22.5
Cash Flow/m
209- 4 Bed
- 2 Bath
- 1768 sft
468 New Vineyard Road, Farmington, ME, 04938
$ 199,900
ROI
32.4Cash Flow/m
702- 2 Bed
- 1 Bath
- 1024 sft
658 Lucy Knowles Road, Farmington, ME, 04938
$ 110,000
ROI
25.6Cash Flow/m
178- 3 Bed
- 1 Bath
- 924 sft
150 Galilee Road, Farmington, ME, 04938
$ 199,000
ROI
25.5Cash Flow/m
317- 2 Bed
- 1 Bath
- 416 sft
456/TBD Temple Road, Farmington, ME, 04938
Why Invest in Farmington, Maine?
Investing in Farmington, ME under $300k offers a unique opportunity to capitalize on an affordable market with steady rental demand. The area has a respectable average ROI of 7.5% and a rental yield of 8%, supported by a stable cap rate of 6%. Average cash flow remains positive, around $250 monthly, with typical rents near $1,000. Appreciation trends indicate modest growth, around 3%, making this an attractive market for investors seeking affordable entry points with solid performance.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Farmington is approximately 8%, making it a solid choice for income-focused investors.
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