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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Norridgewock, ME
Motivated Seller
$ 171,800
ROI
25.6
Cash Flow/m
278- - Bed
- - Bath
- - sft
20 Hotel St, Norridgewock, ME, 04957
Fix & Flip
$ 175,000
ROI
24.1Cash Flow/m
210- 3 Bed
- 1 Bath
- 1274 sft
203 Bigelow Hill Road, Norridgewock, ME, 04957
$ 169,900
ROI
24.8Cash Flow/m
238- 3 Bed
- 1 Bath
- 1300 sft
692 Mercer Road, Norridgewock, ME, 04957
$ 119,000
ROI
24.6Cash Flow/m
161- - Bed
- 1 Bath
- 252 sft
P/O Lot 7 Old School House Road, Norridgewock, ME, 04957
Why Invest in Norridgewock, Maine?
Investing in Norridgewock, ME under 200k offers affordable entry into a stable rental market. This price filter highlights properties with average rental yields around 6%, cap rates near 5%, and consistent cash flow above $400 per month. The area's moderate appreciation rate of 2% coupled with a renter occupancy rate of roughly 55% makes it an attractive option for steady returns. Economic stability in Somerset County supports this investment environment.
7.2%
Avg. ROI
6%
Rental Yield
4.8%
Cap Rate
$420/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under 200k in Norridgewock typically include single-family homes and small multifamily units. These offer solid rental income opportunities with affordable entry prices.
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