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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Grand Isle, ME
$ 115,000
ROI
24.0
Cash Flow/m
137- 3 Bed
- 1 Bath
- 1130 sft
350 Main Street #101, Grand Isle, ME, 04746
$ 153,900
ROI
36.6Cash Flow/m
720- 4 Bed
- 2 Bath
- 1528 sft
982 Main Street, Grand Isle, ME, 04746
$ 140,000
ROI
64.5Cash Flow/m
1742- 4 Bed
- 2 Bath
- 2296 sft
499 Main Street, Grand Isle, ME, 04746
$ 165,000
ROI
43.3Cash Flow/m
1080- 2 Bed
- 2 Bath
- 1536 sft
304 Grivois Road, Grand Isle, ME, 04746
Why Invest in Grand Isle, Maine?
Investing in Grand Isle, ME under $300K offers unique opportunities to capitalize on a growing rental market and increasing property values. With an average ROI of 7.2% and a rental yield near 6%, investors can expect steady income and potential appreciation. Cap rates are favorable due to limited housing supply paired with rising tenant demand. The average cash flow of $1,200 per unit complements a steady average rent of $900 monthly. Renter occupancy remains strong, supported by local economic stability.
7.2%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $300K in Grand Isle is approximately 7.2%, reflecting a solid balance of rental income and property appreciation.
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