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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Portage, ME
$ 160,000
ROI
20.3
Cash Flow/m
25- 1 Bed
- 1 Bath
- 336 sft
780 West Road, Portage, ME, 04768
$ 145,000
ROI
28.0Cash Flow/m
330- 2 Bed
- 1 Bath
- 616 sft
79 West Road, Portage, ME, 04768
$ 140,000
ROI
28.7Cash Flow/m
349- 1 Bed
- 1 Bath
- 320 sft
Lot 30 Off Condon Lane, Portage, ME, 04768
$ 105,000
ROI
29.9Cash Flow/m
295- 3 Bed
- 2 Bath
- 1376 sft
34 Ledge Avenue UNIT 10, Portage, ME, 04768
Why Invest in Portage, Maine?
Investing in Portage, ME under $200k offers an affordable entry into a growing market with stable rental demand. The area boasts an average ROI of 6.5%, supported by a rental yield of 7% and a cap rate of 5.8%, making it attractive for long-term cash flow. Average rent levels are around $950 monthly, with an appreciation rate of approximately 2.2% annually. This locale benefits from a renter-occupied rate of 38%, indicating a strong tenant base.
6.5%
Avg. ROI
7%
Rental Yield
5.8%
Cap Rate
$900/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Portage, ME is approximately 7%, providing solid income potential for investors.
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