Single Family Investment Properties for Sale in Sullivan, ME
482- - Bed
- - Bath
- - sft
301- 3 Bed
- 3 Bath
- 1682 sft
281- 6 Bed
- 3 Bath
- 1700 sft
488- 3 Bed
- 2 Bath
- 1500 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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