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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in New Portland, ME
Airbnb Potential
Listed for sale 5 days ago
$ 155,000
ROI
25.1
Cash Flow/m
231- 1 Bed
- 1 Bath
- 1008 sft
287 Middle Road, New Portland, ME, 04961
$ 189,000
ROI
24.9Cash Flow/m
270- 2 Bed
- 2 Bath
- 1000 sft
836 River Road, New Portland, ME, 04961
$ 187,000
ROI
24.2Cash Flow/m
232- 4 Bed
- - Bath
- 1008 sft
205 Long Falls Dam Road, New Portland, ME, 04961
$ 135,000
ROI
24.5Cash Flow/m
179- - Bed
- - Bath
- 144 sft
801 Bog Road, New Portland, ME, 04961
Why Invest in New Portland, Maine?
Investing in New Portland, ME, with properties under $200k offers a unique opportunity to tap into a growing rental market. The area boasts an average ROI of 6% and a rental yield of 7%, making it attractive for investors seeking steady cash flow. With a cap rate of 5%, investors can expect reliable appreciation near 3% annually. Properties here average $900 monthly rent with a renter occupancy rate of 60%, illustrating demand stability in this affordable segment.
6%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
New Portland offers affordable properties with solid rental yields and steady appreciation. The local job market and demographic trends support consistent rental demand.
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