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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Patten, ME
Listed for sale 5 days ago
$ 175,000
ROI
24.6
Cash Flow/m
235- 3 Bed
- 2 Bath
- 1404 sft
490 Shin Pond Road, Patten, ME, 04765
$ 119,500
ROI
24.3Cash Flow/m
151- 2 Bed
- 1 Bath
- 700 sft
12 Stone House Drive, Patten, ME, 04765
$ 160,000
ROI
25.0Cash Flow/m
233- 2 Bed
- 2 Bath
- 1078 sft
187 Clark Road, Patten, ME, 04765
$ 115,000
ROI
76.6Cash Flow/m
1819- 2 Bed
- 3 Bath
- 1512 sft
311 Frenchville Rd Road, Patten, ME, 04765
Why Invest in Patten, Maine?
Investing in Patten, ME offers unique opportunities in a small-town setting with emerging rental markets. The area shows an average ROI of 6.2% and a rental yield of 7.5%, making it appealing for investors targeting steady cash flow. Properties here have a cap rate around 6%, with average cash flow of $400 monthly, supported by affordable rents averaging $850. Appreciation rates are moderate at around 2.5%, ideal for long-term holdings. Renter occupation remains strong at 65%, reflecting a stable demand.
6.2%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Patten, ME is approximately 7.5%, offering investors solid returns relative to local market conditions.
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