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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Sorrento, ME
$ 425,000
ROI
20.0
Cash Flow/m
30- 4 Bed
- 2 Bath
- 2100 sft
66 Waukeag Avenue, Sorrento, ME, 04677
$ 335,000
ROI
24.8Cash Flow/m
469- 3 Bed
- 1 Bath
- 1182 sft
353 Eastside Road, Sorrento, ME, 04677
$ 330,000
ROI
28.9Cash Flow/m
838- 3 Bed
- 1 Bath
- 1182 sft
353 E Side Road, Sorrento, ME, 04677
$ 205,000
ROI
31.8Cash Flow/m
686- 3 Bed
- 2 Bath
- 1174 sft
191 W Shore Road, Sorrento, ME, 04677
Why Invest in Sorrento, Maine?
Investing in Sorrento, ME offers a unique opportunity to capitalize on a peaceful coastal town with stable rental demand. The area boasts an average ROI of 6.2% and a rental yield of approximately 4.1%, reflecting steady income potential. Cap rates hover around 5.0%, supported by strong average cash flows near $400/month. Appreciation rates near 3.5% combined with a renter-occupied housing rate of about 30% make Sorrento attractive for conservative, long-term investors.
6.2%
Avg. ROI
4.1%
Rental Yield
5%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Sorrento, ME is approximately 4.1%, indicating solid income potential for rental properties in this coastal town.
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