Under $200K Investment Properties for Sale in Skowhegan, ME
Listed for sale 1 day ago
$ 169,000
ROI
25.3
Cash Flow/m
260- 4 Bed
- 2 Bath
- 1451 sft
57 Mount Pleasant Avenue, Skowhegan, ME, 04976
$ 199,500
ROI
25.9Cash Flow/m
340- 4 Bed
- 2 Bath
- 1478 sft
50 Hanover Street, Skowhegan, ME, 04976
$ 115,000
ROI
25.3Cash Flow/m
176- 2 Bed
- 1 Bath
- 864 sft
33 Chestnut Street, Skowhegan, ME, 04976
$ 139,000
ROI
24.1Cash Flow/m
169- 4 Bed
- 1 Bath
- 1072 sft
23 Pennell Street, Skowhegan, ME, 04976
Why Invest in Skowhegan, Maine?
Investing in Skowhegan, ME under $200k offers unique opportunities in a stable and growing market. With an average cap rate of 8.2% and rental yields close to 7%, investors can expect solid cash flow and appreciation potential near 2.5%. The renter-occupied rate is stable at 45%, supported by a strong local economy and increasing demand for affordable housing options. This makes Skowhegan an attractive destination for value-focused real estate investors.
7%
Avg. ROI
6.8%
Rental Yield
8.2%
Cap Rate
$650/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Skowhegan typically include single-family homes and small multi-family units that are well-suited for rental investments or first-time buyers.
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