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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
$ 265,000
ROI
25.4
Cash Flow/m
416- 5 Bed
- 1 Bath
- 1768 sft
158 Mercer Road, Norridgewock, ME, 04957
$ 480,000
ROI
20.3Cash Flow/m
71- 4 Bed
- 2 Bath
- 2500 sft
725 Mercer Road, Norridgewock, ME, 04957
$ 300,000
ROI
25.9Cash Flow/m
513- 5 Bed
- 2 Bath
- 1680 sft
28 Pleasant Hill Drive, Norridgewock, ME, 04957
$ 219,000
ROI
25.1Cash Flow/m
328- 3 Bed
- 2 Bath
- 1232 sft
9 Swain Drive, 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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