Under $500K Investment Properties for Sale in South Portland, ME
Listed for sale 5 days ago
$ 400,000
ROI
27.3
Cash Flow/m
836- 2 Bed
- 1 Bath
- 1086 sft
56 Sawyer Street, South Portland, ME, 04106
Listed for sale 6 days ago
$ 480,000
ROI
25.8Cash Flow/m
811- 3 Bed
- 1 Bath
- 992 sft
51 Pine Haven Terrace, South Portland, ME, 04106
$ 325,000
ROI
24.7Cash Flow/m
449- 2 Bed
- 1 Bath
- 861 sft
139 Broadway #11, South Portland, ME, 04106
$ 450,000
ROI
27.7Cash Flow/m
1000- 3 Bed
- 1 Bath
- 1648 sft
12 Gerry Avenue, 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
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