Discover the top rental investment opportunities across Maine. Each region offers unique potential for real estate investment based on factors such as price appreciation, rent growth and demography. The locations are ranked based on RIA Score.
This region has experienced excellent 15.38% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM of 21.75 is high, indicating the need for further investment in future years. But price and rent growth eventually expected to yield significant return.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 17.64% even with high mortgage interest.
Conclusion: Based on the analysis, in 04064, Old Orchard Beach, York County, ME offers promising investment potential with an attractive 17.64% annual return on investment with 20% down payment.
This region has experienced excellent 13.89% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM of 20.56 is high, indicating the need for further investment in future years. But price and rent growth eventually expected to yield significant return.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 16.18% even with high mortgage interest.
Conclusion: Based on the analysis, in 04005, Biddeford, York County, ME offers promising investment potential with an attractive 16.18% annual return on investment with 20% down payment.
This region has experienced excellent 12.82% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM of 19.27 is high, indicating the need for further investment in future years. But price and rent growth eventually expected to yield significant return.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 15.51% even with high mortgage interest.
Conclusion: Based on the analysis, in 04102, Portland, Cumberland County, ME offers promising investment potential with an attractive 15.51% annual return on investment with 20% down payment.
This region has experienced excellent 12.13% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM of 17.92 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 14.70% even with high mortgage interest.
Conclusion: Based on the analysis, in 04106, South Portland, Cumberland County, ME offers promising investment potential with an attractive 14.70% annual return on investment with 20% down payment.
This region has experienced excellent 11.79% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM of 17.86 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 14.28% even with high mortgage interest.
Conclusion: Based on the analysis, in 04103, Portland, Cumberland County, ME offers promising investment potential with an attractive 14.28% annual return on investment with 20% down payment.
This region has experienced excellent 10.85% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM of 16.73 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 13.16% even with high mortgage interest.
Conclusion: Based on the analysis, in 04330, Augusta, Kennebec County, ME offers promising investment potential with an attractive 13.16% annual return on investment with 20% down payment.
This region has experienced excellent 8.43% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM of 15.19 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 11.33% even with high mortgage interest.
Conclusion: Based on the analysis, in 04401, Bangor, Penobscot County, ME offers promising investment potential with an attractive 11.33% annual return on investment with 20% down payment.
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