Investment Properties Under $500K in Mount Vernon, ME | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Mount Vernon, ME

Property at 372 Wings Mills Road, Mount Vernon, ME
$ 399,900
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign145
  • 3 Bed
  • 2 Bath
  • 2242 sft
372 Wings Mills Road, Mount Vernon, ME, 04352
Property at 655 Wings Mills Road, Mount Vernon, ME
$ 239,900
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign83
  • 1 Bed
  • 1 Bath
  • 1295 sft
655 Wings Mills Road, Mount Vernon, ME, 04352
Property at 696 Plains Road, Mount Vernon, ME
$ 250,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign232
  • 3 Bed
  • 1 Bath
  • 1568 sft
696 Plains Road, Mount Vernon, ME, 04352
Property at 1071 Bean Road, Mount Vernon, ME
$ 195,500
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign253
  • 2 Bed
  • 2 Bath
  • 924 sft
1071 Bean Road, Mount Vernon, ME, 04352

Why Invest in Mount Vernon, Maine?

Investing in Mount Vernon, ME properties under $500k offers a unique opportunity to tap into Maine's steadily growing real estate market. This segment boasts competitive average ROI and solid rental yields, supported by a stable cap rate around 5%. Average cash flow remains healthy due to reasonable rents and consistent appreciation rates. The renter-occupied rate is moderate, reflecting a balanced demand for rental homes in the area.

7.5%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation

Frequently Asked Questions

Under $500k in Mount Vernon, investors can find single-family homes, smaller multifamily units, and some fixer-uppers ideal for rental or renovation projects.

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