Under $500K 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
25.6Cash 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
24.9Cash Flow/m
227- 2 Bed
- 2 Bath
- 840 sft
80 Town and Country Dr Plan, Norway Commons, Norway, ME, 04268
Listed for sale 4 days ago
$ 409,900
ROI
21.8Cash Flow/m
233- 3 Bed
- 2 Bath
- 1344 sft
183 Country Club Road, Norway, ME, 04268
Why Invest in Norway, Maine?
Investing in Maine properties under $500k offers a balanced opportunity for steady rental income and capital appreciation. The state boasts an average cap rate of 6.2% and a rental yield of 7.5%. With average cash flow around $350 monthly and a ROI near 5.5%, investors can benefit from Maine's consistent renter-occupied rate of 46%. This mid-range investment filter aligns well with Maine’s stable real estate market and growing economic sectors.
5.5%
Avg. ROI
7.5%
Rental Yield
6.2%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Maine typically include single-family homes, smaller multifamily units, and some condos, suitable for rental investment and first-time buyers.
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