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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Solon, ME
$ 169,000
ROI
32.4
Cash Flow/m
593- 1 Bed
- 1 Bath
- 1047 sft
259 Drury Road, Solon, ME, 04979
Rental Income
$ 224,500
ROI
21.7Cash Flow/m
119- 4 Bed
- 2 Bath
- 2096 sft
12 a, 12 b York Street #B, Solon, ME, 04979
$ 128,000
ROI
42.6Cash Flow/m
813- 2 Bed
- 1 Bath
- 1176 sft
225 Hole In The Wall Road, Solon, ME, 04979
$ 300,000
ROI
24.0Cash Flow/m
355- - Bed
- - Bath
- - sft
2 S S Solon Road, Solon, ME, 04979
Why Invest in Solon, Maine?
Investing in single-family homes in Solon, ME offers a stable opportunity with a growing rental market. The location shows an average ROI of 7.5%, with rental yields around 6.2% and cap rates near 5.8%. Average cash flow remains positive due to steady appreciation of about 3% annually and average rents of $950. The renter-occupied rate is healthy at 45%, highlighting demand from local residents.
7.5%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Solon, ME is approximately 6.2%, making it an attractive option for investors seeking steady cash flow.
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