Investment Properties for Sale in Skowhegan, ME

Property at 7 Land Street, Skowhegan, ME
Rental Income
Listed for sale 5 days ago
$ 260,000
ROI
32.0ROI percentage
Cash Flow/m
Dollar sign886
  • 3 Bed
  • 2 Bath
  • 1950 sft
7 Land Street, Skowhegan, ME, 04976
Property at 50 Hanover Street, Skowhegan, ME
Listed for sale 7 days ago
$ 199,500
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign237
  • 4 Bed
  • 2 Bath
  • 1478 sft
50 Hanover Street, Skowhegan, ME, 04976
Property at 33 Chestnut Street, Skowhegan, ME
$ 115,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign163
  • 2 Bed
  • 1 Bath
  • 864 sft
33 Chestnut Street, Skowhegan, ME, 04976
Property at 23 Pennell Street, Skowhegan, ME
$ 139,000
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign169
  • 4 Bed
  • 1 Bath
  • 1072 sft
23 Pennell Street, Skowhegan, ME, 04976

Why Invest in Skowhegan, Maine?

Investing in Skowhegan, ME offers unique opportunities for real estate investors focused on this small town environment. The location exhibits a solid average ROI supported by stable rental yields and a cap rate conducive to consistent cash flow. Appreciation rates have shown steady growth, complemented by a high renter-occupied percentage indicating demand. These metrics combined with a growing local economy make Skowhegan a promising market for diversified investment strategies.

7%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$600/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Skowhegan is approximately 6.5%, which is competitive for small-town markets in Maine.

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