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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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
$ 349,900
ROI
20.4Cash Flow/m
66- 2 Bed
- 2 Bath
- 1442 sft
30 Lewis Road, Hermon, ME, 04401
$ 399,000
ROI
23.7Cash Flow/m
440- 4 Bed
- 2 Bath
- 2808 sft
2094 Glenwood Avenue, Hermon, ME, 04401
Why Invest in Hermon, Maine?
Investing in single-family homes in Hermon, ME offers potential for steady rental income due to a stable local market. Hermon's average rental yield and cap rates provide attractive returns for investors targeting affordable, family-friendly properties. With a growing renter-occupied population and moderate appreciation, this market suits those seeking long-term growth and consistent cash flow from residential real estate investments.
6.2%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Hermon is around 6.2%, offering solid returns relative to similar markets. This is supported by stable rental yields and moderate appreciation.
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