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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Portage, ME
$ 145,000
ROI
27.6
Cash Flow/m
318- 2 Bed
- 1 Bath
- 553 sft
656 West Road, Portage, ME, 04768
$ 109,900
ROI
24.7Cash Flow/m
152- 1 Bed
- 1 Bath
- 320 sft
Lot 30 Off Condon Lane, Portage, ME, 04768
Fix & Flip
$ 299,900
ROI
23.7Cash Flow/m
327- 3 Bed
- 1 Bath
- 1235 sft
762 West Road, Portage, ME, 04768
$ 160,000
ROI
20.3Cash Flow/m
25- 1 Bed
- 1 Bath
- 336 sft
780 West 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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