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

Property at 116 Sandy Beach Lane, Otis, ME
$ 195,000
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign221
  • 2 Bed
  • 2 Bath
  • 1440 sft
116 Sandy Beach Lane, Otis, ME, 04605
or
Here are some other similar properties you might be interested in:
Property at 10 No Name Street, Norway, ME
Listed for sale 1 day ago
$ 100,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign138
  • 5 Bed
  • 1 Bath
  • 1116 sft
10 No Name Street, Norway, ME, 04268
Property at 114 Upper Main Street, Norridgewock, ME
Listed for sale 6 days ago
$ 100,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • 3 Bed
  • 2 Bath
  • 1770 sft
114 Upper Main Street, Norridgewock, ME, 04957
Property at 499 Pond Road, Wales, ME
$ 100,000
ROI
33.6ROI percentage
Cash Flow/m
Dollar sign386
  • 6 Bed
  • 2 Bath
  • 2744 sft
499 Pond Road, Wales, ME, 04280
Property at 230 Vienna Road, New Sharon, ME
Airbnb Potential
$ 100,000
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign152
  • 1 Bed
  • - Bath
  • 640 sft
230 Vienna Road, New Sharon, ME, 04955
Property at 8 Bayberry Drive, Old Orchard Beach, ME
$ 100,000
ROI
(3.0)ROI percentage
Gross Rent Yield
9.3Gross yield percentage
  • 3 Bed
  • 2 Bath
  • 1008 sft
8 Bayberry Drive, Old Orchard Beach, ME, 04064
Property at 7 Autumn Lane, Lewiston, ME
$ 100,000
ROI
5.2ROI percentage
Gross Rent Yield
9.3Gross yield percentage
  • 2 Bed
  • 2 Bath
  • 924 sft
7 Autumn Lane, Lewiston, ME, 04240
Property at 36 Darling Ests, Enfield, ME
$ 100,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign165
  • 3 Bed
  • 2 Bath
  • 1136 sft
36 Darling Ests, Enfield, ME, 04493
Property at 20 Middle Avenue, Mexico, ME
Fix & Flip
Motivated Seller
$ 100,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign162
  • 3 Bed
  • 1 Bath
  • 1134 sft
20 Middle Avenue, Mexico, ME, 04257
Property at 55 Averill Mobile Home Park, Benton, ME
$ 100,000
ROI
9.5ROI percentage
Gross Rent Yield
9.6Gross yield percentage
  • 3 Bed
  • 2 Bath
  • 1568 sft
55 Averill Mobile Home Park, Benton, ME, 04901
Property at 726 S Arm Road, Andover, ME
$ 100,000
ROI
25.5ROI percentage
Cash Flow/m
Dollar sign159
  • - Bed
  • 1 Bath
  • 660 sft
726 S Arm Road, Andover, ME, 04216
Property at 922 US-202, Greene, ME
Fix & Flip
$ 100,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign162
  • 2 Bed
  • 1 Bath
  • - sft
922 US-202, Greene, ME, 04236
Property at 390 Upper Long Pond, Bucksport, ME
Airbnb Potential
$ 100,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign127
  • 1 Bed
  • 1 Bath
  • 416 sft
390 Upper Long Pond, Bucksport, ME, 04416
Property at 28 Hobson Avenue, Veazie, ME
$ 100,000
ROI
10.9ROI percentage
Gross Rent Yield
9.3Gross yield percentage
  • 2 Bed
  • 1 Bath
  • 784 sft
28 Hobson Avenue, Veazie, ME, 04401
Property at 381 Hancock Street, Bangor, ME
$ 100,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign132
  • 4 Bed
  • 6 Bath
  • 1232 sft
381 Hancock Street, Bangor, ME, 04401
Property at 500 Hope Road, Camden, ME
Fix & Flip
$ 100,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign142
  • 3 Bed
  • 3 Bath
  • 2010 sft
500 Hope Road, Camden, ME, 04843
Property at 21 Ferry Road, Bethel, ME
Fix & Flip
$ 100,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign139
  • 1 Bed
  • 1 Bath
  • 800 sft
21 Ferry Road, Bethel, ME, 04217
Property at Lot 6.4 Town Farm Road, Milo, ME
$ 100,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign163
  • - Bed
  • 1 Bath
  • 338 sft
Lot 6.4 Town Farm Road, Milo, ME, 04463
Property at 12 Cote Street, Skowhegan, ME
Motivated Seller
$ 100,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign137
  • 2 Bed
  • 1 Bath
  • 800 sft
12 Cote Street, Skowhegan, ME, 04976
Property at 38 Aroostook Scenic Highway, Hersey, ME
Fix & Flip
$ 100,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign123
  • 3 Bed
  • 1 Bath
  • 1600 sft
38 Aroostook Scenic Highway, Hersey, ME, 04780
Property at 9 Jackson, Dexter, ME
Fix & Flip
$ 100,000
ROI
27.3ROI percentage
Cash Flow/m
Dollar sign209
  • 3 Bed
  • 2 Bath
  • 1040 sft
9 Jackson, Dexter, ME, 04930
Property at 515 Water Street, Guilford, ME
$ 100,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign130
  • 3 Bed
  • 1 Bath
  • 1102 sft
515 Water Street, Guilford, ME, 04443
Property at 5 Oceanville Road, Stonington, ME
Fix & Flip
$ 100,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign171
  • 2 Bed
  • 1 Bath
  • 1057 sft
5 Oceanville Road, Stonington, ME, 04681
Property at 49 Oxford Avenue, Rumford, ME
Rental Income
$ 100,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign170
  • 2 Bed
  • 1 Bath
  • 662 sft
49 Oxford Avenue, Rumford, ME, 04276
Property at 709 Fire Road, Houlton, ME
$ 100,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign146
  • 1 Bed
  • - Bath
  • 320 sft
709 Fire Road, Houlton, ME, 04730

Why Invest in Otis, Maine?

Investing in Maine properties under $200k offers opportunities in a stable market with decent cap rates averaging around 6%. Rental yields hover near 8%, providing solid cash flow for investors focusing on affordable real estate. Maine's appreciation rate remains steady at about 3% annually. With renter occupancy around 65%, there is a consistent demand for rental units in the state. This makes it a favorable market for those seeking moderate risk and reliable returns.

7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Properties under $200k in Maine typically include single-family homes, small multifamily units, and some condos, mainly in rural or less urbanized areas. These offer affordable entry points for investors.

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