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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Hermon, ME
Listed for sale 5 days ago
$ 450,000
ROI
22.6
Cash Flow/m
353- 3 Bed
- 2 Bath
- 2600 sft
210 Billings Road, Hermon, ME, 04401
$ 312,000
ROI
31.8Cash Flow/m
1043- 4 Bed
- 3 Bath
- 1518 sft
2371 Union Street, Hermon, ME, 04401
$ 399,000
ROI
23.7Cash Flow/m
440- 4 Bed
- 2 Bath
- 2808 sft
2094 Glenwood Avenue, Hermon, ME, 04401
$ 494,900
ROI
24.4Cash Flow/m
640- 3 Bed
- 3 Bath
- 2576 sft
12 Beech Ridge Drive, Hermon, ME, 04401
Why Invest in Hermon, Maine?
Investing in Hermon, ME offers attractive opportunities for those seeking high rental yield properties. This market features solid average ROI, competitive cap rates, and favorable rental yields compared to nearby areas. Investors can expect consistent cash flow supported by a growing renter-occupied population and reasonable average rents. The town's appreciation rates reflect steady real estate value growth, making Hermon an appealing option for long-term investment strategies.
7%
Avg. ROI
9.5%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investors in Hermon can typically expect rental yields around 9.5%, supported by steady demand and moderate vacancy rates in the area.
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