Investment Properties for Sale in Portage, ME
Airbnb Potential
$ 239,900
ROI
30.3
Cash Flow/m
706- 3 Bed
- 1 Bath
- 1056 sft
1999 Portage Road, Portage, ME, 04768
$ 279,900
ROI
25.6Cash Flow/m
454- 3 Bed
- 1 Bath
- 1536 sft
485 E Cottage Road, Portage, ME, 04768
$ 225,000
ROI
32.5Cash Flow/m
800- 3 Bed
- 1 Bath
- 900 sft
411 E Cottage Road, Portage, ME, 04768
$ 149,000
ROI
24.1Cash Flow/m
179- 2 Bed
- 2 Bath
- 1008 sft
418 E Cottage Road, Portage, ME, 04768
Why Invest in Portage, Maine?
Investing in Portage, ME offers unique opportunities in Maine's real estate market, with growing interest in residential and rental properties. The average return on investment aligns with Maine's stable housing appreciation, supported by a favorable cap rate and rental yield. Portage benefits from a moderate average rent and a steady renter-occupied rate, indicating consistent demand. Investors looking for sustainable cash flow will find Portage appealing due to balanced economic and housing dynamics in this small city community.
6.2%
Avg. ROI
7.5%
Rental Yield
5.8%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Portage is approximately 7.5%, reflecting a robust rental market with steady demand.
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