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

Manchester, ME has a median modeled monthly cash flow of $-1,157 and a median cap rate of 2.8%, on a median sold price of $396,675. Prices changed +6.0% year over year.

What is the average cap rate in Manchester, ME?

The median cap rate across recently sold homes in Manchester, ME is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Manchester, ME?

The median sold price in Manchester, ME is $396,675 (about $230 per square foot).

Investing in Manchester, ME Real Estate

A data-driven snapshot of the Manchester, 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.

$396,675Median sold price

$230Median $/sqft

2.8%Median cap rate

$-1,157Modeled cash flow / mo

+6.0%Appreciation YoY

8.8Months of supply

22Active listings

30Sold (last 12 mo)

What the Manchester numbers say

In Manchester, ME, the median home sold for $396,675 (about $230 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,157 of monthly cash flow. Sold prices moved +6.0% over the past year. Inventory sits at about 8.8 months of supply — a looser, buyer-friendly market. 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 Manchester cash-flowing listings

CashFlowRE ranks every for-sale home in Manchester, 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 Manchester deals, or browse the national market data.