Under $200K Investment Properties for Sale in Norway, ME

Listed for sale 1 day ago
$ 100,000
ROI
24.7
Cash Flow/m
138- 5 Bed
- 1 Bath
- 1116 sft
10 No Name Street, Norway, ME, 04268

Listed for sale 2 days ago
$ 150,000
ROI
25.6
Cash Flow/m
245- 3 Bed
- 2 Bath
- 1344 sft
1 Hawthorn Dr #113, Norway, ME, 04268

Listed for sale 4 days ago
$ 159,995
ROI
24.9
Cash Flow/m
227- 2 Bed
- 2 Bath
- 840 sft
80 Town and Country Dr Plan, Norway Commons, Norway, ME, 04268

Listed for sale 7 days ago
$ 195,000
ROI
24.8
Cash Flow/m
274- 3 Bed
- 1 Bath
- 1260 sft
412 Greenwood Road, Norway, ME, 04268
Why Invest in Norway, Maine?
Investing in properties under $200k in Norway, ME presents a unique opportunity for real estate investors focusing on affordable housing markets. The area offers a balanced average ROI of 7%, with rental yields around 6.5% and cap rates near 5.5%. With an average cash flow of $350 monthly and steady appreciation rates of 3%, investors can expect moderate and consistent returns. Norway's rental market currently has a renter-occupied rate of approximately 62%, highlighting a solid demand from tenants.
7%
Avg. ROI
6.5%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Norway's affordable housing prices combined with steady rental demand and solid cap rates make it an attractive market for investors targeting properties under $200k.
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