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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Kennebunk, ME
$ 630,000
ROI
20.6
Cash Flow/m
93- 3 Bed
- 3 Bath
- 1765 sft
10 Webhannet Place #1, Kennebunk, ME, 04043
$ 299,900
ROI
25.0Cash Flow/m
441- 1 Bed
- 1 Bath
- 660 sft
18 High Bluff Drive #18, Kennebunk, ME, 04043
$ 298,000
ROI
24.5Cash Flow/m
393- 1 Bed
- 1 Bath
- 598 sft
13 Grove Street #3, Kennebunk, ME, 04043
$ 369,900
ROI
19.9Cash Flow/m
16- 2 Bed
- 1 Bath
- 936 sft
22 Powder Mill Drive #22, Kennebunk, ME, 04043
Why Invest in Kennebunk, Maine?
Investing in condos in Kennebunk, ME offers a unique opportunity for steady rental income and property appreciation. The local rental market benefits from a 6.5% rental yield and competitive cap rates around 5.2%, making condos an attractive choice. With an average ROI nearing 7% and a thriving renter-occupied rate of 52%, investors can expect solid cash flow and growth potential. Kennebunk's charming community and proximity to coastal attractions drive sustained demand, appealing to long-term tenants and vacation renters alike.
7%
Avg. ROI
6.5%
Rental Yield
5.2%
Cap Rate
$900/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Kennebunk is around 6.5%, reflecting strong rental demand and steady income potential for investors.
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