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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Milford, ME
$ 245,000
ROI
25.8
Cash Flow/m
414- 2 Bed
- 2 Bath
- 960 sft
60 River Village Drive #60, Milford, ME, 04461
$ 210,000
ROI
20.9Cash Flow/m
65- 2 Bed
- 2 Bath
- 960 sft
81 River Village Drive #81, Milford, ME, 04461
$ 199,000
ROI
23.4Cash Flow/m
199- 2 Bed
- 2 Bath
- 1400 sft
11 River Village Drive UNIT 11, Milford, ME, 04461
$ 185,000
ROI
21.0Cash Flow/m
65- 2 Bed
- 2 Bath
- 1140 sft
16 River Village Drive UNIT 16, Milford, ME, 04461
Why Invest in Milford, Maine?
Investing in condos in Milford, ME offers a unique opportunity to tap into the growing rental market in this charming New England town. With a steady average ROI of 6.5%, investors benefit from a rental yield of around 7.2%, driven by a strong renter-occupied rate of 52%. The local market's cap rate averages at 5.8%, supported by moderate appreciation rates near 3.2% annually. Condos here provide an attractive blend of cash flow and long-term value in Maine's dynamic housing sector.
6.5%
Avg. ROI
7.2%
Rental Yield
5.8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average ROI for condos in Milford is approximately 6.5%, reflecting steady rental income and property appreciation in the area.
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