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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Richmond, ME
$ 319,900
ROI
28.0
Cash Flow/m
729- 3 Bed
- 2 Bath
- 2128 sft
110 White Road, Richmond, ME, 04357
Fix & Flip
$ 185,000
ROI
25.9Cash Flow/m
318- 4 Bed
- 2 Bath
- 1003 sft
5 Lincoln Street, Richmond, ME, 04357
$ 359,900
ROI
20.1Cash Flow/m
30- 3 Bed
- 2 Bath
- 1420 sft
1 Cross Street, Richmond, ME, 04357
Fix & Flip
$ 375,000
ROI
25.2Cash Flow/m
565- 4 Bed
- 2 Bath
- 1788 sft
870 Alexander Reed Rd, Richmond, ME, 04357
Why Invest in Richmond, Maine?
Investing in Richmond, ME with a focus on high ROI properties offers solid returns driven by a strong rental market and steady appreciation. Despite being a smaller city, Richmond presents about a 7% avg ROI, supported by rental yields near 6%. The cap rates are competitive at roughly 5%, providing investors with promising cash flow. The local population's renter occupancy rate of 38% supports consistent demand. This combination makes Richmond an attractive locale for income-focused real estate investors seeking stability and growth.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$850/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for high ROI properties in Richmond, ME is around 7%, supported by solid rental yields and appreciation rates.
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