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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
Fix & Flip
$ 220,000
ROI
31.9
Cash Flow/m
740- 2 Bed
- 2 Bath
- 1128 sft
218 Plummer Road, Richmond, ME, 04357
$ 279,900
ROI
22.7Cash Flow/m
228- 4 Bed
- 2 Bath
- 1432 sft
8 Baker Street, Richmond, ME, 04357
$ 262,500
ROI
21.3Cash Flow/m
111- 4 Bed
- 2 Bath
- 1824 sft
3 Bridge Street, Richmond, ME, 04357
$ 397,000
ROI
23.5Cash Flow/m
415- 3 Bed
- 2 Bath
- 2030 sft
5 Hideaway Lane, 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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