Under $300K 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 under $300k offers an attractive entry point into Maine's growing real estate market. This price range appeals to investors seeking solid rental yields combined with manageable cash flow in a stable community. Portage's cap rates remain competitive, supported by a steady renter-occupied rate near 60%. Appreciation trends indicate moderate long-term growth, making it a viable option for diversified portfolios looking to balance risk and return.
6.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$210/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Portage typically include single-family homes and small multifamily units. These are well-suited for investors targeting steady rental income with moderate maintenance costs.
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