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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Portage Lake, ME
$ 229,000
ROI
29.5
Cash Flow/m
624- 4 Bed
- 2 Bath
- 1536 sft
666 West Road, Portage Lake, ME, 04768
$ 299,900
ROI
21.9Cash Flow/m
181- 3 Bed
- 1 Bath
- 650 sft
760 West Rd, Portage Lake, ME, 04768
$ 190,000
ROI
32.4Cash Flow/m
668- 4 Bed
- 2 Bath
- 1950 sft
19 West Road, Portage Lake, ME, 04768
$ 125,000
ROI
28.5Cash Flow/m
303- 1 Bed
- 1 Bath
- 592 sft
67 West Road, Portage Lake, ME, 04768
Why Invest in Portage Lake, Maine?
Investing in Portage Lake, ME offers unique opportunities for those interested in vacation homes or lakefront properties. The area shows attractive rental yields around 7%, with an average ROI of approximately 6%. Cap rates average 5%, reflecting stable income potential. Average cash flow from rentals is moderate, supported by a growing number of renter-occupied homes. Appreciation rates remain steady, benefiting from the scenic locale and local demand.
6%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Portage Lake, ME is around 7%, reflecting good returns for investors focused on vacation rental properties.
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