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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in New Gloucester, ME
Fix & Flip
Listed for sale 4 days ago
$ 249,000
ROI
21.2
Cash Flow/m
99- 3 Bed
- 1 Bath
- 720 sft
494 Snow Hill Road, New Gloucester, ME, 04260
Listed for sale 5 days ago
$ 300,000
ROI
32.2Cash Flow/m
1042- 2 Bed
- 1 Bath
- 1200 sft
68 Bean Family Road, New Gloucester, ME, 04260
Listed for sale 6 days ago
$ 275,000
ROI
21.8Cash Flow/m
157- 3 Bed
- 1 Bath
- 1216 sft
65 Lewiston Road, New Gloucester, ME, 04260
$ 339,000
ROI
32.4Cash Flow/m
1197- 2 Bed
- 1 Bath
- 960 sft
22 Snow Hill Road, New Gloucester, ME, 04260
Why Invest in New Gloucester, Maine?
Investing in high rental yield properties in New Gloucester, ME offers an excellent opportunity for stable cash flow and attractive cap rates. This area boasts an average rental yield of 8.5%, supported by steady rental demand and consistent appreciation around 3.5%. The average monthly rent is approximately $1,200, with a renter occupancy rate near 68%. Investors can expect an average ROI of 7.2% and a solid average cash flow from rental properties in this market.
7.2%
Avg. ROI
8.5%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high rental yield properties in New Gloucester is approximately 8.5%, offering investors substantial returns compared to many other regional markets.
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