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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Richmond, ME
$ 169,000
ROI
24.1
Cash Flow/m
206- 2 Bed
- 1 Bath
- 868 sft
116 Carding Machine Road, Richmond, ME, 04357
$ 108,900
ROI
43.0Cash Flow/m
706- - Bed
- - Bath
- - sft
28 Hatch Street, Richmond, ME, 04357
Fix & Flip
Rental Income
$ 119,000
ROI
24.8Cash Flow/m
168- 2 Bed
- 1 Bath
- 800 sft
22 Westwood Acres Road, Richmond, ME, 04357
or
Here are some other similar properties you might be interested in:
Fix & Flip
Listed for sale 3 days ago
$ 100,000
ROI
25.2Cash Flow/m
152- 3 Bed
- 3 Bath
- 2010 sft
500 Hope Road, Camden, ME, 04843
Fix & Flip
Listed for sale 3 days ago
$ 100,000
ROI
24.8Cash Flow/m
139- 1 Bed
- 1 Bath
- 800 sft
21 Ferry Road, Bethel, ME, 04217
$ 100,000
ROI
25.6Cash Flow/m
163- - Bed
- 1 Bath
- 338 sft
Lot 6.4 Town Farm Road, Milo, ME, 04463
Fix & Flip
$ 100,000
ROI
25.2Cash Flow/m
151- 1 Bed
- 1 Bath
- 672 sft
980 Woodville Road, Lincoln, ME, 04457
Motivated Seller
$ 100,000
ROI
24.7Cash Flow/m
137- 2 Bed
- 1 Bath
- 800 sft
12 Cote Street, Skowhegan, ME, 04976
Fix & Flip
$ 100,000
ROI
24.2Cash Flow/m
123- 3 Bed
- 1 Bath
- 1600 sft
38 Aroostook Scenic Highway, Hersey, ME, 04780
Fix & Flip
$ 100,000
ROI
27.3Cash Flow/m
209- 3 Bed
- 2 Bath
- 1040 sft
9 Jackson, Dexter, ME, 04930
$ 100,000
ROI
24.4Cash Flow/m
130- 3 Bed
- 1 Bath
- 1102 sft
515 Water Street, Guilford, ME, 04443
Fix & Flip
$ 100,000
ROI
25.9Cash Flow/m
171- 2 Bed
- 1 Bath
- 1057 sft
5 Oceanville Road, Stonington, ME, 04681
Rental Income
$ 100,000
ROI
25.9Cash Flow/m
170- 2 Bed
- 1 Bath
- 662 sft
49 Oxford Avenue, Rumford, ME, 04276
$ 100,000
ROI
25.3Cash Flow/m
154- 3 Bed
- 1 Bath
- 1386 sft
39 Sawyer Street, Waterville, ME, 04901
$ 100,000
ROI
25.0Cash Flow/m
146- 1 Bed
- - Bath
- 320 sft
709 Fire Road, Houlton, ME, 04730
$ 100,000
ROI
5.1Gross Rent Yield
9.2- 3 Bed
- 2 Bath
- 1064 sft
61 Oxbow Drive, Lewiston, ME, 04240
$ 100,000
ROI
(0.7)Gross Rent Yield
9.6- 2 Bed
- 1 Bath
- 1032 sft
59 Sandalwood Circle, Kittery, ME, 03904
Fix & Flip
$ 100,000
ROI
25.4Cash Flow/m
156- 4 Bed
- 1 Bath
- 1200 sft
20 Main Street, Sangerville, ME, 04479
$ 100,000
ROI
10.6Gross Rent Yield
9.3- 2 Bed
- 2 Bath
- 1120 sft
20 Forest Drive, Poland, ME, 04274
$ 100,000
ROI
55.0Cash Flow/m
980- 1 Bed
- 1 Bath
- 505 sft
6 Linden Avenue, Old Orchard Beach, ME, 04064
$ 100,000
ROI
24.5Cash Flow/m
131- 4 Bed
- 2 Bath
- 1482 sft
394 Lakewood Road, Madison, ME, 04950
$ 100,000
ROI
25.8Cash Flow/m
168- 1 Bed
- 1 Bath
- 680 sft
94 Caler Road, Columbia Falls, ME, 04623
$ 100,000
ROI
34.4Cash Flow/m
407- 3 Bed
- 3 Bath
- 2250 sft
26 Taunton Drive, Sullivan, ME, 04664
Fix & Flip
$ 100,000
ROI
24.9Cash Flow/m
142- 4 Bed
- 2 Bath
- 1666 sft
66 Dudley Street, Presque Isle, ME, 04769
$ 100,000
ROI
25.0Cash Flow/m
147- 2 Bed
- 1 Bath
- 702 sft
4 Bowen Road, Searsport, ME, 04974
$ 100,000
ROI
25.1Cash Flow/m
148- 3 Bed
- 2 Bath
- 1176 sft
16 Garden Way, Augusta, ME, 04330
$ 100,000
ROI
24.5Cash Flow/m
132- 3 Bed
- 2 Bath
- - sft
430 Saint Thomas St, Madawaska, ME, 04756
Why Invest in Richmond, Maine?
Investing in Richmond, ME with properties under $200k offers an attractive entry point into a stable real estate market. The area features an average rental yield of 6.5%, with cap rates around 7%, making it appealing for income-seeking investors. Average cash flow is positive at approximately $300 monthly. Appreciation trends have been steady, reflecting moderate property value growth. Richmond's renter-occupied rate stands at 40%, supporting rental demand in this affordable segment.
8.5%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
In Richmond, ME, properties under $200k are typically single-family homes or smaller multi-unit buildings ideal for entry-level investors.
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