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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Prospect, ME

Fix & Flip
Rental Income
$ 285,000
ROI
21.9
Cash Flow/m
172- 3 Bed
- 2 Bath
- 1280 sft
62 Bowden Point Road, Prospect, ME, 04981

$ 350,000
ROI
26.6
Cash Flow/m
671- 3 Bed
- 2 Bath
- 1950 sft
137 Clark Road, Prospect, ME, 04981

$ 265,000
ROI
26.4
Cash Flow/m
491- 3 Bed
- 1 Bath
- 960 sft
891 Bangor Road, Prospect, ME, 04981

$ 215,000
ROI
30.5
Cash Flow/m
642- 2 Bed
- 1 Bath
- 896 sft
51 Switzer Spring Road, Prospect, ME, 04981
Why Invest in Prospect, Maine?
Investing in Maine properties under $500k offers a strong entry point into the state's stable real estate market. With a cap rate around 6% and average rental yields near 7%, properties here yield compelling cash flow opportunities. Maine's appreciation rate of 3.2% reflects steady growth, backed by a renter occupancy of roughly 42%. Investors can benefit from an average ROI of 8.5% alongside reasonable average rents near $1,200, making this a balanced choice for steady income and capital growth.
8.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$6000/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Under $500k, investors can find single-family homes, small multifamily units, and some condos, primarily in suburban and rural markets around Maine.
Find Your Perfect Investment Property in Prospect, Maine
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