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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in New Gloucester, ME
Fix & Flip
Listed for sale 5 days ago
$ 249,000
ROI
21.3
Cash Flow/m
110- 3 Bed
- 1 Bath
- 720 sft
494 Snow Hill Road, New Gloucester, ME, 04260
Listed for sale 7 days ago
$ 275,000
ROI
22.4Cash Flow/m
200- 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
Fix & Flip
$ 359,900
ROI
32.0Cash Flow/m
1224- 3 Bed
- 2 Bath
- 1977 sft
216 Sabbathday Road, New Gloucester, ME, 04260
Why Invest in New Gloucester, Maine?
Investing in single-family homes in New Gloucester, ME presents a solid opportunity for consistent rental income and appreciation. The local market benefits from a stable average rental yield of 6%, a cap rate near 5%, and average cash flow of $550 monthly. Appreciation rates have steadily increased by 3.2% annually, indicating healthy growth. With renter-occupied rates at 40%, demand for quality rental homes remains strong in this semi-rural Maine community.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$550/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The typical rental yield for single-family homes in New Gloucester is around 6%, reflecting stable rental demand and moderate property values.
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