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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Portage Lake, ME
$ 190,000
ROI
32.4
Cash 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
$ 159,900
ROI
41.5Cash Flow/m
970- 3 Bed
- 1 Bath
- 1367 sft
8 School Street, Portage Lake, ME, 04768
$ 295,000
ROI
21.4Cash Flow/m
134- 3 Bed
- 2 Bath
- 952 sft
2810 Portage Road, Portage Lake, ME, 04768
Why Invest in Portage Lake, Maine?
Investing in Portage Lake, ME properties under $300k offers a unique opportunity for affordable entry into a growing market. The region boasts a healthy average ROI around 8%, with rental yields near 6% and cap rates approximately 5%. An average monthly rent of about $900 supports consistent cash flow, making it attractive for investors seeking stable rental income in a scenic, smaller community.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Portage Lake is approximately 6%, providing solid returns in the local market.
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