High Rental Yield Investment Properties for Sale in Lamoine, ME
561- 3 Bed
- 2 Bath
- 1080 sft
263- 3 Bed
- 3 Bath
- 2840 sft
696- 2 Bed
- 2 Bath
- 1300 sft
253- 2 Bed
- 1 Bath
- 720 sft
Why Invest in Lamoine, Maine?
Investing in high rental yield properties in Lamoine, ME offers attractive returns due to the town's stable rental market and increasing demand for rental units. The average rental yield here is competitive for Maine, supported by moderate property prices and consistent cash flow potential. Investors can expect an average ROI of around 7%, a cap rate near 6%, and average rents that align well with local income levels. As a small town with proximity to the larger Ellsworth area, Lamoine benefits from steady renter occupancy, making it a solid choice for those seeking stable rental income in Maine.
Frequently Asked Questions
The average rental yield in Lamoine, ME, is around 6.5%, making it a competitive market for real estate investors looking for steady rental income.
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