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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 1 day ago
$ 495,000
ROI
27.8
Cash Flow/m
1105- 2 Bed
- 2 Bath
- 1637 sft
32 Eliot Street, South Portland, ME, 04106
Listed for sale 1 day ago
$ 350,000
ROI
24.7Cash Flow/m
481- 2 Bed
- 1 Bath
- 864 sft
240 Barnstable Road #13, South Portland, ME, 04106
Listed for sale 2 days ago
$ 429,000
ROI
24.4Cash Flow/m
548- 1 Bed
- 2 Bath
- 875 sft
29 O'Neil Street, South Portland, ME, 04106
Listed for sale 3 days ago
$ 439,000
ROI
21.2Cash Flow/m
172- 2 Bed
- 2 Bath
- 1152 sft
26 Cormorant Place #26, 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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