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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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 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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