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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Mount Vernon, ME
$ 195,500
ROI
24.8
Cash Flow/m
273- 2 Bed
- 2 Bath
- 924 sft
1071 Bean Road, Mount Vernon, ME, 04352
$ 139,000
ROI
54.9Cash Flow/m
1360- 2 Bed
- 1 Bath
- 924 sft
101 Five Seasons Road, MOUNT VERNON, ME, 04352
$ 199,900
ROI
32.6Cash Flow/m
712- 4 Bed
- 1 Bath
- 1458 sft
705 Plains Road, Mount Vernon, ME, 04352
$ 365,000
ROI
28.6Cash Flow/m
896- 3 Bed
- 2 Bath
- 1700 sft
306 Pond Road, Mount Vernon, ME, 04352
Why Invest in Mount Vernon, Maine?
Investing in Mount Vernon, ME, offers promising opportunities, especially for those seeking high rental yield properties. The area's average rental yield stands at 7.5%, supported by stable cap rates around 6.2% and solid average cash flow. Mount Vernon's appreciation rate of 3.1% further adds to its investment appeal. With a renter-occupied rate of 38%, the rental market presents healthy demand driven by local economic factors and housing supply constraints.
8.3%
Avg. ROI
7.5%
Rental Yield
6.2%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mount Vernon is approximately 7.5%, which is higher than many comparable towns in Maine, reflecting strong rental demand.
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