Is Belfast, ME a good place to invest in rental property?

Belfast, ME has a median modeled monthly cash flow of $-1,494 and a median cap rate of 2.5%, on a median sold price of $310,000. Prices changed +0.6% year over year.

What is the average cap rate in Belfast, ME?

The median cap rate across recently sold homes in Belfast, ME is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Belfast, ME?

The median sold price in Belfast, ME is $310,000 (about $243 per square foot).

Investing in Belfast, ME Real Estate

A data-driven snapshot of the Belfast, ME rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$310,000Median sold price

$243Median $/sqft

2.5%Median cap rate

$-1,494Modeled cash flow / mo

+0.6%Appreciation YoY

4.8Months of supply

92Active listings

232Sold (last 12 mo)

What the Belfast numbers say

In Belfast, ME, the median home sold for $310,000 (about $243 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,494 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 4.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Maine markets to compare

See Belfast cash-flowing listings

CashFlowRE ranks every for-sale home in Belfast, ME by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Belfast deals, or browse the national market data.