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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Presque Isle, ME
Listed for sale 6 days ago
$ 135,000
ROI
24.2
Cash Flow/m
168- 6 Bed
- 2 Bath
- 2228 sft
23 Park Street, Presque Isle, ME, 04769
$ 135,000
ROI
24.6Cash Flow/m
183- 3 Bed
- 1 Bath
- 1142 sft
50 Elizabeth Street, Presque Isle, ME, 04769
$ 145,000
ROI
29.9Cash Flow/m
410- 2 Bed
- 1 Bath
- 897 sft
29 Elizabeth Street, Presque Isle, ME, 04769
$ 199,900
ROI
24.2Cash Flow/m
247- 5 Bed
- 4 Bath
- 3978 sft
160 State Street, Presque Isle, ME, 04769
Why Invest in Presque Isle, Maine?
Investing in Presque Isle, ME with properties under $200k offers a solid entry point into a growing market. The area features an average ROI of 7.2%, rental yields near 6.5%, and cap rates around 6.8%, making it attractive for mid-level investors. Average monthly rents hover at $900 with steady appreciation rates of 3% annually. The renter-occupied rate is approximately 55%, highlighting demand for affordable housing options.
7.2%
Avg. ROI
6.5%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Presque Isle offers affordable entry-level properties with solid rental yields and a steady renter demand from students and local workers. The area's moderate appreciation and cap rates make it a viable choice for income-focused investors.
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