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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Springfield, ME
$ 189,000
ROI
31.9
Cash Flow/m
637- 1 Bed
- 1 Bath
- 568 sft
73 Homestead Drive, Springfield, ME, 04487
$ 242,000
ROI
22.8Cash Flow/m
203- 4 Bed
- 1 Bath
- 1547 sft
235 Main Street, Springfield, ME, 04487
$ 119,000
ROI
24.4Cash Flow/m
152- 1 Bed
- 1 Bath
- 972 sft
397 Duck Lake Road, Springfield, ME, 04487
$ 168,000
ROI
26.0Cash Flow/m
291- 2 Bed
- 1 Bath
- 900 sft
639 Main Street, Springfield, ME, 04487
Why Invest in Springfield, Maine?
Investing in Springfield, ME offers unique opportunities for real estate investors looking at diversified markets. This area shows a solid average ROI of 7%, with rental yields averaging 6%, making it attractive for long-term holdings. Cap rates here remain competitive at around 5%. The average cash flow per rental unit is promising, supported by steady appreciation near 3%. Additionally, renter occupancy rates are strong, helping ensure income stability.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$900/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Springfield, ME is approximately 6%, making it a viable market for investors seeking rental income.
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