Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Hallowell, ME
$ 285,000
ROI
29.1
Cash Flow/m
738- 2 Bed
- 2 Bath
- 1280 sft
12 Greenville Street, Hallowell, ME, 04347
$ 185,000
ROI
20.4Cash Flow/m
31- 1 Bed
- 2 Bath
- 900 sft
116 2nd Street #3, Hallowell, ME, 04347
$ 350,000
ROI
21.1Cash Flow/m
131- 6 Bed
- 3 Bath
- 2747 sft
6 Grove Street, Hallowell, ME, 04347
$ 109,000
ROI
25.7Cash Flow/m
179- 3 Bed
- 2 Bath
- 1320 sft
39 Water Street, Hallowell, ME, 04347
Why Invest in Hallowell, Maine?
Investing in properties under $500k in Hallowell, ME offers a solid entry point into a stable market with growing rental demand. This area boasts an average ROI of 7.2%, a rental yield of 6.5%, and cap rates around 5%, reflecting healthy investor returns. With average cash flow near $1,200 per property and steady appreciation rates at 3.5%, Hallowell attracts investors seeking balanced growth. The city features a renter-occupied rate of approximately 38%, indicating a strong tenant base for long-term investments.
7.2%
Avg. ROI
6.5%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500k in Hallowell is approximately 7.2%, offering investors a solid balance of income and growth potential.
Find Your Perfect Investment Property in Hallowell, Maine
Explore investment opportunities by strategy, performance, or property type
