Under $300K Investment Properties for Sale in Manchester, ME
Fix & Flip
Listed for sale 4 days ago
$ 170,000
ROI
25.5
Cash Flow/m
269- 2 Bed
- 2 Bath
- 1557 sft
323 Readfield Road, Manchester, ME, 04351
$ 249,900
ROI
23.0Cash Flow/m
229- 2 Bed
- 1 Bath
- 919 sft
18 Granite Hill Road, Manchester, ME, 04351
$ 199,000
ROI
20.5Cash Flow/m
38- 2 Bed
- 1 Bath
- 950 sft
58 Kennison Street #7, Manchester, ME, 04351
Fix & Flip
$ 289,900
ROI
23.0Cash Flow/m
257- 4 Bed
- 2 Bath
- 2553 sft
226 Pond Road, Manchester, ME, 04351
Why Invest in Manchester, Maine?
Investing in Manchester, ME properties under $300k offers a strategic entry point into a market with steady appreciation and resilient rental yields. This filter highlights affordable opportunities attractive to cost-conscious investors seeking solid average ROI around 6%. Manchester benefits from a renter-occupied rate near 45%, supporting consistent cash flow. Cap rates remain competitive at about 7%, emphasizing strong income potential in this New England city.
6%
Avg. ROI
7%
Rental Yield
7%
Cap Rate
$800/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k typically include single-family homes and smaller multifamily units. These offer affordable entry points for investors targeting steady rental income.
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