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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Springvale, ME
$ 254,900
ROI
25.9
Cash Flow/m
434- 2 Bed
- 2 Bath
- 1206 sft
24 Witham Street #16, Springvale, ME, 04083
$ 259,000
ROI
27.1Cash Flow/m
529- 2 Bed
- 2 Bath
- 896 sft
538 Main Street #2, Springvale, ME, 04083
$ 253,000
ROI
31.6Cash Flow/m
832- 2 Bed
- 2 Bath
- 896 sft
538 Main Street #3, Springvale, ME, 04083
Airbnb Potential
$ 227,500
ROI
32.5Cash Flow/m
807- 2 Bed
- 2 Bath
- 896 sft
538 Main Street #19, Springvale, ME, 04083
Why Invest in Springvale, Maine?
Investing in Springvale, ME condos offers a strategic opportunity in a stable market with steady rental demand. The average ROI of 6.2% and rental yield near 7% highlight strong potential cash flows. With cap rates around 5.5% and appreciation averaging 3.5% annually, condos here attract investors seeking balanced growth. The renter-occupied rate at 60% underscores consistent rental demand in Springvale.
6.2%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$650/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Springvale is approximately 7%, indicating solid income potential for investors.
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