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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Penobscot, ME

$ 250,000
ROI
23.0
Cash Flow/m
222- 2 Bed
- 1 Bath
- 1150 sft
701 N Penobscot Road, Penobscot, ME, 04476

$ 165,000
ROI
34.6
Cash Flow/m
681- 3 Bed
- 2 Bath
- 1944 sft
26 Jenkins Road, Penobscot, ME, 04476

$ 265,000
ROI
23.1
Cash Flow/m
246- 2 Bed
- 1 Bath
- 900 sft
519 Dunbar Road, Penobscot, ME, 04476

$ 231,000
ROI
31.9
Cash Flow/m
783- 3 Bed
- 1 Bath
- 1450 sft
605 Southern Bay Road, Penobscot, ME, 04476
Why Invest in Penobscot, Maine?
Investing under $500k in Penobscot, ME provides a unique opportunity to tap into a stable real estate market with strong rental demand. This area features an average ROI of 7%, a rental yield near 6%, and cap rates around 5.5%. Investors benefit from steady cash flow with an average monthly cash return of $1,200 and growing appreciation at 3.2% annually. The renter-occupied rate is a moderate 45%, indicating a balanced combination of tenants and owners.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Penobscot typically include single-family homes, small multi-family units, and condominiums. These options provide affordable entry points for investors seeking moderate rental income.
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