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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Richmond, ME
$ 205,000
ROI
22.7
Cash Flow/m
165- 3 Bed
- 1 Bath
- 1903 sft
8 Lincoln Street, Richmond, ME, 04357
$ 169,000
ROI
24.1Cash 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
Why Invest in Richmond, Maine?
Investors looking for properties under $300k in Richmond, ME will find a stable market with an average ROI of 7.2%. This area offers a rental yield of 5.5%, supported by nearly 58% renter-occupied housing. The cap rate averages at 6.8%, providing solid cash flow opportunities averaging $550 per month. Appreciation rates have been steady at 3.2%, reflecting the area's economic resilience and growing demand for affordable rentals.
7.2%
Avg. ROI
5.5%
Rental Yield
6.8%
Cap Rate
$550/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Richmond, ME is approximately 5.5%, providing a viable income stream for investors.
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