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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Norridgewock, ME
Fix & Flip
$ 175,000
ROI
24.1
Cash Flow/m
210- 3 Bed
- 1 Bath
- 1274 sft
203 Bigelow Hill Road, Norridgewock, ME, 04957
$ 249,000
ROI
27.5Cash Flow/m
538- 3 Bed
- 1 Bath
- 1564 sft
69 Smithfield Road, Norridgewock, ME, 04957
$ 279,000
ROI
26.3Cash Flow/m
510- 1 Bed
- 2 Bath
- 1408 sft
78 Fording Road, Norridgewock, ME, 04957
$ 175,000
ROI
24.1Cash Flow/m
210- 3 Bed
- 1 Bath
- 1300 sft
692 Mercer Road, Norridgewock, ME, 04957
Why Invest in Norridgewock, Maine?
Investing in properties under $500k in Norridgewock, ME offers a unique opportunity to tap into a stable rural market with attractive rental yields and moderate appreciation. With a cap rate around 7% and average cash flow balanced by affordable entry prices, investors can expect steady returns. The town's renter-occupied rate is favorable for generating consistent rental income. Economic stability driven by local employers supports demand, while moderate appreciation over the past years aligns well with conservative investment goals.
6.2%
Avg. ROI
7%
Rental Yield
6.8%
Cap Rate
$1200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for these properties is approximately 7%, reflecting strong demand and affordable entry prices in the area.
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