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

Condo Investment Properties for Sale in Scarborough, ME

Property at 22 Black Point Road #2C, Scarborough, ME
$ 489,000
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign963
  • 2 Bed
  • 2 Bath
  • 1622 sft
22 Black Point Road #2C, Scarborough, ME, 04074
Property at 17 Clearview Drive #17, Scarborough, ME
$ 360,000
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign700
  • 2 Bed
  • 1 Bath
  • 988 sft
17 Clearview Drive #17, Scarborough, ME, 04074
Property at 9 E Grand Avenue #15, Scarborough, ME
$ 145,000
ROI
21.9ROI percentage
Cash Flow/m
Dollar sign88
  • 1 Bed
  • 1 Bath
  • 204 sft
9 E Grand Avenue #15, Scarborough, ME, 04074
Property at 34 Mill Commons Drive #114, Scarborough, ME
$ 415,000
ROI
25.3ROI percentage
Cash Flow/m
Dollar sign641
  • 2 Bed
  • 2 Bath
  • 1002 sft
34 Mill Commons Drive #114, 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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