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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Sorrento, ME
$ 335,000
ROI
24.8
Cash 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
$ 130,000
ROI
25.3Cash Flow/m
202- 1 Bed
- 1 Bath
- 260 sft
159 Ocean Ave, Sorrento, ME, 04677
Why Invest in Sorrento, Maine?
Investing in Sorrento, ME real estate, especially with a focus on high rental yield properties, offers a solid opportunity for steady income. The town's average ROI of 7.2% and rental yield near 9% appeal to investors seeking cash flow. Cap rates hover around 6.5%, supported by moderate appreciation rates of 3.5% annually. With a renter occupancy rate above 65%, property demand remains stable in this coastal community.
7.2%
Avg. ROI
9%
Rental Yield
6.5%
Cap Rate
$425/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Sorrento is approximately 9%, reflecting strong cash flow potential from rental properties in this market.
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