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

Mount Vernon, ME has a median modeled monthly cash flow of $-654 and a median cap rate of 4.2%, on a median sold price of $230,000. Prices changed -12.7% year over year.

What is the average cap rate in Mount Vernon, ME?

The median cap rate across recently sold homes in Mount Vernon, ME is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mount Vernon, ME?

The median sold price in Mount Vernon, ME is $230,000 (about $207 per square foot).

Investing in Mount Vernon, ME Real Estate

A data-driven snapshot of the Mount Vernon, 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.

$230,000Median sold price

$207Median $/sqft

4.2%Median cap rate

$-654Modeled cash flow / mo

-12.7%Appreciation YoY

12.8Months of supply

32Active listings

30Sold (last 12 mo)

What the Mount Vernon numbers say

In Mount Vernon, ME, the median home sold for $230,000 (about $207 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-654 of monthly cash flow. Sold prices moved -12.7% over the past year. Inventory sits at about 12.8 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 Mount Vernon cash-flowing listings

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