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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Kennebunk, ME
$ 359,900
ROI
20.3
Cash Flow/m
55- 2 Bed
- 1 Bath
- 1404 sft
7 Powder Mill Drive #7, Kennebunk, ME, 04043
$ 449,000
ROI
19.9Cash Flow/m
16- 3 Bed
- 2 Bath
- 1232 sft
93 Main Street #A, Kennebunk, ME, 04043
$ 479,000
ROI
19.9Cash Flow/m
16- 2 Bed
- 2 Bath
- 1455 sft
14 Hampton Glen Drive #51, Kennebunk, ME, 04043
Airbnb Potential
$ 469,900
ROI
20.6Cash Flow/m
109- 2 Bed
- 2 Bath
- 1164 sft
11 Greenwich Way #43, 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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