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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
$ 225,000
ROI
27.1Cash Flow/m
463- 3 Bed
- 2 Bath
- 1568 sft
16 Ward Street, PRESQUE ISLE, ME, 04769
$ 239,000
ROI
30.2Cash Flow/m
694- 3 Bed
- 2 Bath
- 1619 sft
6 Whitney 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
Why Invest in Presque Isle, Maine?
Investing in Presque Isle, ME properties under $500k offers a unique opportunity to capitalize on an affordable market with stable rental yields. This city features an average ROI of 7.2%, a rental yield of 6.8%, and a cap rate of 5.5%, making it attractive for steady cash flow. The average monthly rent stands at $850, with appreciation rates around 2.5%, reflecting modest but consistent growth. The renter-occupied rate is approximately 45%, indicating a balanced housing demand.
7.2%
Avg. ROI
6.8%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Presque Isle is approximately 6.8%, providing solid income potential for investors.
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