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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Howland, ME
Listed for sale 1 day ago
$ 289,000
ROI
26.3
Cash Flow/m
524- 4 Bed
- 2 Bath
- 1688 sft
44 Lagrange Road, Howland, ME, 04448
Motivated Seller
Listed for sale 4 days ago
$ 119,500
ROI
25.5Cash Flow/m
191- 4 Bed
- 2 Bath
- 1589 sft
57 Water St, Howland, ME, 04448
Listed for sale 6 days ago
$ 320,000
ROI
24.5Cash Flow/m
422- 4 Bed
- 2 Bath
- 2000 sft
50 River Road, Howland, ME, 04448
$ 300,000
ROI
22.2Cash Flow/m
205- 3 Bed
- 2 Bath
- 1000 sft
38 River Road, Howland, ME, 04448
Why Invest in Howland, Maine?
Investing in Howland, ME properties under $500k offers an affordable entry into Maine's growing real estate market. The area boasts a solid average ROI of 7.5% and a rental yield of 6.2%, making it attractive for steady income. Capitalization rates remain healthy at 5.4%, with average cash flow around $350 per month. Growing renter occupancy at 58% complements a stable average rent of $850. Real estate appreciation is moderate at 2.8%, reflecting steady local demand.
7.5%
Avg. ROI
6.2%
Rental Yield
5.4%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.8%
1Y Appreciation
Frequently Asked Questions
Rental prices average around $850 per month for properties under $500k, providing affordable options for tenants and steady income for investors.
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