Under $500K Investment Properties for Sale in Willimantic, ME
146- 3 Bed
- 3 Bath
- 2010 sft
139- 1 Bed
- 1 Bath
- 800 sft
163- - Bed
- 1 Bath
- 338 sft
151- 1 Bed
- 1 Bath
- 672 sft
137- 2 Bed
- 1 Bath
- 800 sft
123- 3 Bed
- 1 Bath
- 1600 sft
209- 3 Bed
- 2 Bath
- 1040 sft
130- 3 Bed
- 1 Bath
- 1102 sft
171- 2 Bed
- 1 Bath
- 1057 sft
170- 2 Bed
- 1 Bath
- 662 sft
146- 1 Bed
- - Bath
- 320 sft
- 3 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 1032 sft
156- 4 Bed
- 1 Bath
- 1200 sft
- 2 Bed
- 2 Bath
- 1120 sft
980- 1 Bed
- 1 Bath
- 505 sft
131- 4 Bed
- 2 Bath
- 1482 sft
168- 1 Bed
- 1 Bath
- 680 sft
407- 3 Bed
- 3 Bath
- 2250 sft
142- 4 Bed
- 2 Bath
- 1666 sft
147- 2 Bed
- 1 Bath
- 702 sft
148- 3 Bed
- 2 Bath
- 1176 sft
132- 3 Bed
- 2 Bath
- - sft
158- 3 Bed
- 1 Bath
- 1050 sft
Why Invest in Willimantic, Maine?
Investing in Willimantic, ME properties under $500k offers a unique opportunity to capture solid returns in a growing market. The area benefits from an average ROI of 7.8%, a rental yield of 6.5%, and a cap rate of 5.2%, making it attractive for investors seeking steady cash flow. Average cash flow hovers around $450 per unit, supported by typical rents near $1,200/month. Appreciation rates in the region are moderate at 3.5%, while about 62% of properties are renter-occupied, reflecting a stable rental demand.
Frequently Asked Questions
Most properties under $500k in Willimantic include single-family homes and smaller multifamily units. These offer good rental income potential and appeal to a range of investors.
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