Under $500K Investment Properties for Sale in Westbrook, ME
1100- 3 Bed
- 3 Bath
- 1888 sft
1249- 4 Bed
- 2 Bath
- 2507 sft
122- 3 Bed
- 2 Bath
- 1298 sft
23- 1 Bed
- 1 Bath
- 541 sft
Why Invest in Westbrook, Maine?
Westbrook, ME offers compelling opportunities for real estate investors seeking properties under $500K in a growing Portland suburb. The median listing price of $439.9K provides strong entry points for both fix-and-flip and rental strategies. With a median price per square foot of $316, investors can acquire multi-unit or single-family properties with solid cash flow potential. The market shows healthy turnover with a 32-day median days on market, indicating balanced supply-demand dynamics. Properties under $500K in Westbrook benefit from proximity to Maine's largest employment center while maintaining affordable acquisition costs.
Frequently Asked Questions
Properties in this price range typically generate $800-$1,000 monthly cash flow after expenses, with rental yields around 5.8%. The median rent for Westbrook properties is approximately $1,450, supporting positive cash flow on most acquisitions in the under-$500K segment.
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