Under $300K Investment Properties for Sale in Patten, ME
Listed for sale 2 days ago
$ 140,000
ROI
24.1
Cash Flow/m
168- 3 Bed
- 1 Bath
- 1092 sft
16 Pleasant Street, Patten, ME, 04765
$ 285,000
ROI
28.0Cash Flow/m
658- 4 Bed
- 2 Bath
- 2352 sft
573 Shin Pond Road, Patten, ME, 04765
$ 128,500
ROI
25.0Cash Flow/m
188- 3 Bed
- 2 Bath
- 1056 sft
1 Hall Street, Patten, ME, 04765
$ 219,000
ROI
29.4Cash Flow/m
586- 3 Bed
- 2 Bath
- 2040 sft
32 Willow Street, Patten, ME, 04765
Why Invest in Patten, Maine?
Investing in Patten, ME with properties under $300k offers an affordable entry into a stable real estate market. This filter highlights homes with solid rental yield averaging 7.5% and attractive cap rates near 6%. The average ROI of 8% coupled with a rental market paying around $850 per month make Patten a promising location for steady cash flow. The renter-occupied rate stands at 45%, reflecting a balanced demand. Housing appreciation is moderate at 2.5%, indicating long-term growth potential.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Patten is around 7.5%, making it an attractive option for investors seeking steady rental income.
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