Investment Properties for Sale in Hallowell, ME
$ 424,900
ROI
21.8
Cash Flow/m
236- 3 Bed
- 4 Bath
- 1750 sft
21 High Street, Hallowell, ME, 04347
$ 409,900
ROI
21.0Cash Flow/m
138- 3 Bed
- 2 Bath
- 2038 sft
2 Greenville Street, Hallowell, ME, 04347
$ 499,000
ROI
23.9Cash Flow/m
574- 4 Bed
- 3 Bath
- 3527 sft
94 Smith Road, Hallowell, ME, 04347
$ 459,000
ROI
20.5Cash Flow/m
100- 3 Bed
- 3 Bath
- 2120 sft
332 Water Street, Hallowell, ME, 04347
Why Invest in Hallowell, Maine?
Investing in Hallowell, ME offers unique opportunities thanks to its steady rental yields averaging around 7.5%. The city's real estate market shows an average ROI of 6.8% with cap rates near 5.2%, providing a solid foundation for multifamily or single-family home investments. Average cash flow remains healthy at approximately $600 monthly, supported by an average rent of $1,100 and consistent appreciation rates of 2.5%. Renter-occupied units constitute roughly 55%, making it a desirable market for investor demand.
6.8%
Avg. ROI
7.5%
Rental Yield
5.2%
Cap Rate
$600/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Rental yields in Hallowell generally average around 7.5%, making it attractive for investors seeking consistent returns.
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