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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Pittsfield, ME
$ 380,000
ROI
27.2
Cash Flow/m
785- 4 Bed
- 3 Bath
- 2660 sft
448 Hunnewell Avenue, Pittsfield, ME, 04967
Rental Income
$ 159,900
ROI
30.6Cash Flow/m
485- 4 Bed
- 2 Bath
- 1600 sft
160 Washington Street, Pittsfield, ME, 04967
$ 129,900
ROI
25.9Cash Flow/m
220- 3 Bed
- 1 Bath
- 924 sft
854 Higgins Road, Pittsfield, ME, 04967
$ 170,000
ROI
24.9Cash Flow/m
243- 2 Bed
- 1 Bath
- 1144 sft
136 Washington Street, Pittsfield, ME, 04967
Why Invest in Pittsfield, Maine?
Investing in Pittsfield, ME properties under $500k presents an excellent opportunity for steady rental income and capital appreciation. The average ROI stands around 7%, supported by a rental yield near 6%. Cap rates are favorable at approximately 6.5%, with average cash flow of $450 monthly. Average rent in Pittsfield is about $900, appealing for renter-occupied investments. These metrics highlight Pittsfield's potential as a stable and affordable market for real estate investors.
7%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Pittsfield is approximately 6%, offering attractive returns for investors seeking steady income.
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