Condo Investment Properties for Sale in Westbrook, ME
Currently Rented
$ 359,900
ROI
22.4
Cash Flow/m
268- 2 Bed
- 2 Bath
- 1056 sft
345 Saco Street #9, Westbrook, ME, 04092
$ 599,000
ROI
23.5Cash Flow/m
567- 4 Bed
- 3 Bath
- 2118 sft
6 Hogan Circle #34, Westbrook, ME, 04092
$ 389,900
ROI
26.0Cash Flow/m
676- 2 Bed
- 2 Bath
- 1020 sft
15 Kasseys Way #2, Westbrook, ME, 04092
$ 374,900
ROI
21.3Cash Flow/m
165- 3 Bed
- 2 Bath
- 1330 sft
17 King Street #3, Westbrook, ME, 04092
Why Invest in Westbrook, Maine?
Westbrook, ME condo investments offer strong potential as a Portland suburb with rapid population growth. The city's evolving downtown and industrial parks support steady rental demand. Expect solid **cap rates** around 6.2% and **rental yields** near 7.1%. Annual appreciation averages 5.8%, driven by regional economic expansion. Renter-occupied units stand at 42%, bolstered by major employers like IDEXX Laboratories.
9.5%
Avg. ROI
7.1%
Rental Yield
6.2%
Cap Rate
$285/mo
Avg. Cash Flow
$1625/mo
Avg. Rent
5.8%
1Y Appreciation
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