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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Waterville, ME

Currently Rented
Rental Income
$ 169,900
ROI
35.2
Cash Flow/m
728- 2 Bed
- 2 Bath
- 1224 sft
6 Spring Street, Waterville, ME, 04901

$ 160,000
ROI
24.1
Cash Flow/m
194- 2 Bed
- 2 Bath
- 1248 sft
1 Union Place, Waterville, ME, 04901

Currently Rented
Rental Income
$ 149,900
ROI
25.3
Cash Flow/m
229- 2 Bed
- 1 Bath
- 807 sft
119 Cool Street, Waterville, ME, 04901

Rental Income
$ 172,500
ROI
35.7
Cash Flow/m
764- 4 Bed
- 2 Bath
- 1690 sft
42 Carey Lane, Waterville, ME, 04901
Why Invest in Waterville, Maine?
Waterville, ME offers strong investment potential in homes under $200k, with affordable entry points for cash-flowing properties. Colby College drives steady rental demand from students and faculty. Average rents support solid yields around 8-10%, while low purchase prices enable high cash-on-cash returns. Recent sales data shows quick turnover, averaging 57 days on market. Appreciation remains steady at 3-4% annually amid limited supply.
12.5%
Avg. ROI
9.2%
Rental Yield
8.7%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.5%
1Y Appreciation
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