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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Scarborough, ME

$ 235,000
ROI
20.8
Cash Flow/m
65- 1 Bed
- 1 Bath
- 204 sft
9 E Grand Avenue #17, Scarborough, ME, 04074

$ 419,000
ROI
20.8
Cash Flow/m
125- 2 Bed
- 2 Bath
- 1002 sft
35 Mill Commons Drive #118, Scarborough, ME, 04074

$ 365,000
ROI
21.5
Cash Flow/m
176- 2 Bed
- 2 Bath
- 882 sft
3 Oak Dale Drive #3, Scarborough, ME, 04074

$ 279,000
ROI
26.4
Cash Flow/m
515- 1 Bed
- 1 Bath
- 395 sft
9 E Grand Avenue #1, Scarborough, ME, 04074
Why Invest in Scarborough, Maine?
Scarborough, ME condo investments offer stable returns in a competitive coastal market. Proximity to Portland drives demand for condo rentals among commuters and seasonal visitors. Average rental yields hover around 5%, with cap rates at 6% supporting cash flow. Annual appreciation of 4% reflects steady home value growth per recent trends. Renter-occupied units at 35% indicate reliable occupancy in this desirable suburb.
7.2%
Avg. ROI
5.1%
Rental Yield
6%
Cap Rate
$18500/mo
Avg. Cash Flow
$2650/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Investors see average ROI around 7% with 5% rental yields. Cap rates hold at 6%, driven by strong Portland-area demand. Cash flow averages $18,500 annually per unit.
Find Your Perfect Investment Property in Scarborough, Maine
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