Single Family Investment Properties for Sale in Rumford, ME
183- 2 Bed
- 2 Bath
- 1165 sft
170- 2 Bed
- 1 Bath
- 1200 sft
170- 3 Bed
- 1 Bath
- 2016 sft
150- 2 Bed
- 1 Bath
- 759 sft
Why Invest in Rumford, Maine?
Investing in single-family homes in Rumford, ME offers a unique opportunity to tap into the small-town charm coupled with stable rental demand. The affordable average rent of $950 supports solid rental yields around 7%, while the average ROI remains attractive near 8%. Cap rates hover around 6%, reflecting a balanced market for real estate investors. With an average cash flow of approximately $300 per month, investors can expect consistent income. The town's renter-occupied housing rate of 35% indicates a mix of tenants and owners, providing various market opportunities.
Frequently Asked Questions
The average rental yield for single-family homes in Rumford is approximately 7%, reflecting stable rental income relative to property values.
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