Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in South Portland, ME
Listed for sale today
$ 415,000
ROI
25.3
Cash Flow/m
640- 3 Bed
- 1 Bath
- 864 sft
56 Robert Mills Road, South Portland, ME, 04106
Listed for sale 3 days ago
$ 490,000
ROI
23.0Cash Flow/m
446- 3 Bed
- 1 Bath
- 1490 sft
26 New York Avenue, South Portland, ME, 04106
Currently Rented
Listed for sale 7 days ago
$ 322,250
ROI
26.4Cash Flow/m
593- 2 Bed
- 1 Bath
- 864 sft
240 Barnstable Road #8, South Portland, ME, 04106
$ 450,000
ROI
27.7Cash Flow/m
1000- 3 Bed
- 2 Bath
- 1477 sft
12 Todd Lane, South Portland, ME, 04106
Why Invest in South Portland, Maine?
South Portland, ME offers strong investment opportunities in properties under $500K, particularly condos and smaller homes with solid rental potential. Average rents support healthy cash flows while cap rates remain competitive in this coastal market. Proximity to Portland drives demand from renters and buyers seeking affordability. Annual appreciation has been steady, bolstered by regional job growth. Renter-occupied housing exceeds 40%, ensuring reliable tenant pools.
7.2%
Avg. ROI
6.1%
Rental Yield
5.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
4.2%
1Y Appreciation
Find Your Perfect Investment Property in South Portland, Maine
Explore investment opportunities by strategy, performance, or property type
