Under $500K Investment Properties for Sale in Scarborough, ME

$ 425,000
ROI
25.0
Cash Flow/m
618- 2 Bed
- 1 Bath
- 1040 sft
28 Old County Road, Scarborough, ME, 04074

Fix & Flip
Rental Income
$ 290,000
ROI
22.7
Cash Flow/m
241- 3 Bed
- 3 Bath
- 1992 sft
10 Larrabee Farm Road, Scarborough, ME, 04074

$ 499,000
ROI
26.5
Cash Flow/m
931- 3 Bed
- 1 Bath
- 1008 sft
1 Green Needle Drive, Scarborough, ME, 04074

$ 389,000
ROI
19.8
Cash Flow/m
6- 1 Bed
- 1 Bath
- 682 sft
1 Cross Street #328, Scarborough, ME, 04074
Why Invest in Scarborough, Maine?
Scarborough, ME offers compelling opportunities for investors targeting properties under $500k. Proximity to Portland drives demand for affordable rentals with solid cash flow potential. Renter-occupied units average strong yields around 6-7%, supported by stable appreciation. Cap rates hover at 5-6% amid limited supply, making entry-level homes attractive. Economic growth from tourism and local employment bolsters long-term returns.
8.2%
Avg. ROI
6.5%
Rental Yield
5.4%
Cap Rate
$420/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Under $500k homes offer strong entry for rentals with 6% yields and $400+ monthly cash flow. Proximity to beaches and Portland drives demand. Appreciation averages 4% amid low vacancy.
Find Your Perfect Investment Property in Scarborough, Maine
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