Under $500K Investment Properties for Sale in Westport Island, ME
$ 450,000
ROI
23.2
Cash Flow/m
430- 3 Bed
- 2 Bath
- 1514 sft
17 Cromwell Road, Westport Island, ME, 04578
$ 499,999
ROI
26.4Cash Flow/m
924- 4 Bed
- 4 Bath
- 3040 sft
1479 Main Road, Westport Island, ME, 04578
Fix & Flip
$ 287,500
ROI
25.5Cash Flow/m
457- 2 Bed
- 2 Bath
- 1015 sft
20 Post Office Road, Westport Island, ME, 04578
$ 360,000
ROI
20.8Cash Flow/m
105- 3 Bed
- 1 Bath
- 960 sft
575 Main Road, Westport Island, ME, 04578
Why Invest in Westport Island, Maine?
Investing in Westport Island, ME, with properties under $500k offers a unique opportunity to tap into a stable and growing rental market. The town's average ROI stands around 6.5%, with a solid rental yield near 5.2%, making affordable investments attractive. Cap rates hover at 4.8%, supported by steady cash flow and appreciation rates close to 3.5%. With increasing renter occupancy nearing 62%, this filter highlights accessible homes for investors seeking moderate entry costs and consistent returns.
6.5%
Avg. ROI
5.2%
Rental Yield
4.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k typically include single-family homes, cottages, and small residential rentals suitable for investors looking for modest entry price points.
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