Under $300K Investment Properties for Sale in South Portland, ME
Fix & Flip
$ 299,000
ROI
21.5
Cash Flow/m
149- 2 Bed
- 1 Bath
- 864 sft
10 Hillcrest Avenue, South Portland, ME, 04106
$ 275,000
ROI
28.5Cash Flow/m
665- 2 Bed
- 1 Bath
- 758 sft
9 Cole Street #1C, South Portland, ME, 04106
$ 225,000
ROI
28.9Cash Flow/m
570- 1 Bed
- 1 Bath
- 450 sft
9 Cole Street #2A, South Portland, ME, 04106
$ 295,000
ROI
22.3Cash Flow/m
212- 1 Bed
- 1 Bath
- 657 sft
139 Broadway #21, South Portland, ME, 04106
Why Invest in South Portland, Maine?
Discover investment opportunities in South Portland, ME under $300k, offering condos and entry-level properties near Portland's metro area. Stable rental demand from proximity to beaches and Southern Maine Community College supports consistent cash flow. With cap rates around 5-6% and annual appreciation of 3-4%, these affordable assets deliver solid returns for investors. Renter-occupied rates exceed 40%, bolstered by a growing workforce and tourism spillover. Low entry prices make it ideal for building a diversified portfolio in this resilient market.
7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.4%
1Y Appreciation
Find Your Perfect Investment Property in South Portland, Maine
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