Under $500K Investment Properties for Sale in Presque Isle, ME
Listed for sale 1 day ago
$ 170,000
ROI
25.5
Cash Flow/m
273- 4 Bed
- 2 Bath
- - sft
9 Caribou Rd, 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
Listed for sale 7 days ago
$ 349,900
ROI
22.3Cash Flow/m
252- 3 Bed
- 2 Bath
- 2600 sft
60 State Road, Presque Isle, ME, 04769
$ 147,000
ROI
24.3Cash Flow/m
187- 3 Bed
- 1 Bath
- 1675 sft
23 Judd 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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