Under $500K Investment Properties for Sale in Veazie, ME
Listed for sale 3 days ago
$ 259,000
ROI
28.5
Cash Flow/m
627- 2 Bed
- 2 Bath
- 1200 sft
14 Davis Drive, Veazie, ME, 04401
$ 345,000
ROI
28.3Cash Flow/m
823- 3 Bed
- 3 Bath
- 2565 sft
12 Mt View Drive, Veazie, ME, 04401
$ 399,000
ROI
20.9Cash Flow/m
122- 4 Bed
- 3 Bath
- 2044 sft
1331 State Street, Veazie, ME, 04401
$ 290,000
ROI
22.4Cash Flow/m
215- 3 Bed
- 2 Bath
- 1400 sft
11 Arbor Drive, Veazie, ME, 04401
Why Invest in Veazie, Maine?
Investing in Veazie, ME with properties under $500k provides a unique opportunity to tap into a growing rental market driven by affordable housing. The area boasts an average rental yield of 7.5%, a cap rate of 6.8%, and steady appreciation around 3% annually. Investors can expect avg cash flow of approximately $700 per property with avg rents near $950. This balanced combination creates a reliable income stream with potential for long-term value growth.
8%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$700/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k offer affordable entry into Veazie's rental market with solid cash flow and appreciation potential. This price range attracts tenants seeking value and supports steady rental income.
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