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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Gorham, ME
Listed for sale 5 days ago
$ 485,000
ROI
23.8
Cash Flow/m
539- 3 Bed
- 1 Bath
- 1756 sft
24 Day Road, Gorham, ME, 04038
$ 385,000
ROI
25.4Cash Flow/m
604- 2 Bed
- 1 Bath
- 1044 sft
3 South Branch Drive, Gorham, ME, 04038
$ 377,000
ROI
31.7Cash Flow/m
1252- 3 Bed
- 2 Bath
- 1212 sft
50 Johnson Road, Gorham, ME, 04038
$ 570,000
ROI
22.0Cash Flow/m
296- 3 Bed
- 3 Bath
- 1584 sft
33 Baxter Lane #9, Gorham, ME, 04038
Why Invest in Gorham, Maine?
Gorham, Maine offers strong investment potential with steady home appreciation and a competitive housing market. Rental demand remains robust due to proximity to Portland and the University of Southern Maine. Investors benefit from 9% annual appreciation, 6% cap rates, and median rents around $2,000. Low vacancy supports reliable cash flow in this growing suburb. High median incomes over $100k drive tenant quality and stability.
8.5%
Avg. ROI
5.8%
Rental Yield
6.2%
Cap Rate
$1250/mo
Avg. Cash Flow
$2050/mo
Avg. Rent
9%
1Y Appreciation
Frequently Asked Questions
Average rental yield in Gorham stands at 5.8%, supported by strong demand and median rents of $2,050. High tenant quality from local incomes enhances returns. Appreciation adds long-term value.
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