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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Old Town, ME
$ 199,900
ROI
21.1
Cash Flow/m
75- 2 Bed
- 2 Bath
- 1120 sft
322 Stillwater Avenue #3, Old Town, ME, 04468
Rental Income
$ 229,900
ROI
26.9Cash Flow/m
455- 3 Bed
- 1 Bath
- 1404 sft
12 Grays Lane, Old Town, ME, 04468
$ 215,000
ROI
30.2Cash Flow/m
623- 3 Bed
- 1 Bath
- 1280 sft
123 Front Street, Old Town, ME, 04468
Currently Rented
Rental Income
$ 277,000
ROI
24.9Cash Flow/m
395- 5 Bed
- 3 Bath
- 2122 sft
339 Stillwater Avenue, Old Town, ME, 04468
Why Invest in Old Town, Maine?
Investing in Old Town, ME properties under $300k offers great opportunities for steady rental income and long-term appreciation. The area features an avg ROI of 7.5%, rental yield of 6.2%, and a cap rate around 5.8%, making it appealing for investors seeking moderate cash flow in a growing community. Average rents sit near $1,050, with cash flow around $170 monthly. The renter-occupied rate is healthy at 56%, reflecting strong local demand fueled by nearby universities and steady economic growth.
7.5%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$170/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $300k in Old Town is about 7.5%, offering solid returns for investors focusing on affordable real estate.
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