Condo Investment Properties in Gorham, ME | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Gorham, ME

Property at 33 Baxter Lane #9, Gorham, ME
$ 570,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign343
  • 3 Bed
  • 3 Bath
  • 1584 sft
33 Baxter Lane #9, Gorham, ME, 04038
Property at 44 Meadowbrook Drive #4, Gorham, ME
$ 425,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign297
  • 3 Bed
  • 2 Bath
  • 1661 sft
44 Meadowbrook Drive #4, Gorham, ME, 04038
Property at 14 Woodside Drive #3, Gorham, ME
$ 441,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign276
  • 3 Bed
  • 3 Bath
  • 2186 sft
14 Woodside Drive #3, Gorham, ME, 04038
Property at 117 Falcon Crest Drive UNIT 1, Gorham, ME
$ 600,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign368
  • 3 Bed
  • 3 Bath
  • 2212 sft
117 Falcon Crest Drive UNIT 1, Gorham, ME, 04038

Why Invest in Gorham, Maine?

Gorham, ME condo investments offer steady rental demand from university students and commuters to Portland. Appreciation has averaged 9% annually amid low inventory. Renter-occupied units exceed 30%, supporting reliable cash flow. Cap rates hover around 5-6% with median rents near $1,800. Proximity to Sebago Lake boosts long-term value for investors.

7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
9.3%
1Y Appreciation

Frequently Asked Questions

Yes, high renter occupancy and university demand ensure steady income. Average yields reach 5-6% with low vacancy. Proximity to Portland adds commuter appeal.

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