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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in New Canada, ME
Motivated Seller
$ 349,000
ROI
29.5
Cash Flow/m
944- 4 Bed
- 3 Bath
- 2240 sft
118 Pelletier Road, New Canada, ME, 04743
$ 179,000
ROI
24.4Cash Flow/m
232- 2 Bed
- 2 Bath
- 1710 sft
48 Thibeault Road, New Canada, ME, 04743
$ 248,500
ROI
24.2Cash Flow/m
306- 4 Bed
- 1 Bath
- 1372 sft
26 New Canada Road, New Canada, ME, 04743
$ 449,900
ROI
20.4Cash Flow/m
85- 3 Bed
- 3 Bath
- 3904 sft
10 Sly Brook Road, New Canada, ME, 04743
Why Invest in New Canada, Maine?
Investing under $500k in Maine offers a solid opportunity for steady rental yields and moderate appreciation. The market features an average ROI of around 7%, with cap rates typically near 6%. Rental yields are stable given a renter-occupied rate over 40%. Maine's economic stability and moderate cash flow potential make it attractive for cautious investors seeking affordable entry points.
7%
Avg. ROI
6%
Rental Yield
6%
Cap Rate
$8000/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Most properties under $500k in Maine are single-family homes and small multifamily units. These offer solid rental income potential in cities as well as rural areas.
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