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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
Currently Rented
Rental Income
Listed for sale 4 days ago
$ 164,900
ROI
33.0
Cash Flow/m
609- 3 Bed
- 2 Bath
- 1939 sft
28 State Street, Presque Isle, ME, 04769
$ 109,900
ROI
24.7Cash Flow/m
151- 2 Bed
- 2 Bath
- 832 sft
13 Turner Street, Presque Isle, ME, 04769
Fix & Flip
Rental Income
$ 154,900
ROI
25.1Cash Flow/m
232- 5 Bed
- 1 Bath
- 1879 sft
316 Parkhurst Siding Road, Presque Isle, ME, 04769
$ 125,000
ROI
24.3Cash Flow/m
156- 3 Bed
- 1 Bath
- 880 sft
44 Washburn Road, 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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