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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Rockport, ME
$ 249,000
ROI
24.7
Cash Flow/m
344- 2 Bed
- 2 Bath
- 841 sft
7 Hilltop Drive #7, Rockport, ME, 04856
$ 275,000
ROI
25.8Cash Flow/m
459- 2 Bed
- 2 Bath
- 1025 sft
32 Cabana Drive #32, Rockport, ME, 04856
$ 289,000
ROI
26.2Cash Flow/m
516- 1 Bed
- 1 Bath
- 709 sft
10 Summer Street #1, Rockport, ME, 04856
$ 335,000
ROI
22.2Cash Flow/m
226- 1 Bed
- 2 Bath
- 637 sft
10 Summer Street #7, Rockport, ME, 04856
Why Invest in Rockport, Maine?
Investing in Rockport, ME condos offers a unique opportunity to tap into the coastal New England real estate market. With a healthy average ROI of 7% and solid rental yields around 5.5%, condo investments here blend steady income with potential appreciation. The average cap rate stands near 6%, supporting attractive cash flow prospects. The renter-occupied rate is around 40%, indicating a good tenant base for long-term rentals. Rockport benefits from an appreciating market, with property values growing approximately 3.5% annually.
7%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average return on investment for condos in Rockport is approximately 7%, making it an attractive option for real estate investors.
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