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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Old Orchard Beach, ME

Listed for sale 4 days ago
$ 159,995
ROI
25.7
Cash Flow/m
266- 1 Bed
- 1 Bath
- 420 sft
179 Saco Ave #L78, Old Orchard Beach, ME, 04064

Fix & Flip
$ 129,000
ROI
25.5
Cash Flow/m
206- 3 Bed
- 2 Bath
- 1152 sft
2 Rockland Dr, Old Orchard Beach, ME, 04064

$ 167,995
ROI
25.9
Cash Flow/m
287- 2 Bed
- 1 Bath
- 546 sft
179 Saco Ave #L76, Old Orchard Beach, ME, 04064

$ 134,995
ROI
25.5
Cash Flow/m
216- 2 Bed
- 1 Bath
- 393 sft
179 Saco Ave #T91c, Old Orchard Beach, ME, 04064
Why Invest in Old Orchard Beach, Maine?
Discover investment opportunities in Old Orchard Beach, ME under $200k, ideal for budget-conscious investors seeking coastal properties. This beachfront town offers condos and cottages with strong seasonal rental potential. Average cap rates hover around 6-8% due to high tourism demand. Renter occupancy exceeds 50%, supported by steady appreciation of 4% annually. Low entry prices enable high cash-on-cash returns for short-term rentals.
9.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Yes, several condos and cottages under $200k are available, often 1-2 bedroom units ideal for rentals. These properties suit investors targeting seasonal income. Inventory fluctuates with market demand.
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