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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Scarborough, ME
Listed for sale 1 day ago
$ 715,000
ROI
20.6
Cash Flow/m
99- 3 Bed
- 4 Bath
- 2193 sft
12 Pacer Way #C-1A, Scarborough, ME, 04074
$ 365,000
ROI
21.3Cash Flow/m
161- 2 Bed
- 2 Bath
- 1018 sft
3 Clearview Drive #3, Scarborough, ME, 04074
$ 389,900
ROI
21.0Cash Flow/m
134- 2 Bed
- 1 Bath
- 962 sft
1 Sandpiper Cove Road #1, Scarborough, ME, 04074
$ 515,000
ROI
21.8Cash Flow/m
252- 2 Bed
- 3 Bath
- 1386 sft
24 Ballantyne Drive #0, 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.
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