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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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 single-family homes in Springfield, ME offers a solid opportunity driven by steady rental demand and attractive cap rates. With an average cash flow of $1,200 monthly and a cap rate around 7%, investors see a healthy return on investment. The rental yield of approximately 6% highlights strong income potential. Appreciation has been consistent at about 3% annually, supported by a renter-occupied rate near 42%. These factors make Springfield a prime market for real estate investors focusing on single-family properties.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Springfield is about 6%, indicating good income potential for investors.
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