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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Palmyra, ME
$ 252,000
ROI
24.7
Cash Flow/m
345- 2 Bed
- 1 Bath
- 952 sft
168 Pittsfield Avenue, Palmyra, ME, 04965
$ 389,000
ROI
19.8Cash Flow/m
3- 3 Bed
- 2 Bath
- 2100 sft
1050 Main Street, Palmyra, ME, 04965
$ 259,900
ROI
22.8Cash Flow/m
216- 2 Bed
- 1 Bath
- 768 sft
363 S Ridge Road, Palmyra, ME, 04965
$ 377,400
ROI
22.4Cash Flow/m
274- 4 Bed
- 2 Bath
- 2097 sft
191 Wyman Road, Palmyra, ME, 04965
Why Invest in Palmyra, Maine?
Investing in single-family homes in Palmyra, ME offers a unique opportunity to tap into a resilient local market. This filter highlights properties with an average rental yield of 7.5%, an attractive cap rate around 6%, and steady appreciation near 3%. Palmyra's rental occupancy remains strong with roughly 85% renter-occupied housing. These factors combine to provide consistent cash flow potential in Maine's growing real estate sector.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Palmyra is approximately 7.5%, offering a solid return for investors interested in this filter.
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