Single Family Investment Properties for Sale in Sullivan, ME
187- 3 Bed
- 2 Bath
- 967 sft
688- 3 Bed
- 2 Bath
- 1232 sft
525- 3 Bed
- 1 Bath
- 1810 sft
560- 3 Bed
- 1 Bath
- 1078 sft
Why Invest in Sullivan, Maine?
Investing in single-family homes in Sullivan, ME offers a unique opportunity to capitalize on steady rental demand and attractive cap rates. The area presents an average rental yield of 6.5% and a cap rate of 7.2%, making it a solid choice for investors seeking consistent cash flow. With average rent around $1,100 and a typical cash flow of $250 per month, Sullivan's market aligns well with modest appreciation rates near 3%. Rental occupancy remains strong at 92%, emphasizing a stable renter market for single-family homes in this coastal Maine town.
Frequently Asked Questions
The average rental yield for single-family homes in Sullivan is approximately 6.5%, indicating a profitable return for investors seeking steady rental income.
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