Is Old Orchard Beach, ME a good place to invest in rental property?

Old Orchard Beach, ME has a median modeled monthly cash flow of $-1,940 and a median cap rate of 2.1%, on a median sold price of $497,000. Prices changed +9.0% year over year.

What is the average cap rate in Old Orchard Beach, ME?

The median cap rate across recently sold homes in Old Orchard Beach, ME is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Old Orchard Beach, ME?

The median sold price in Old Orchard Beach, ME is $497,000 (about $364 per square foot).

Investing in Old Orchard Beach, ME Real Estate

A data-driven snapshot of the Old Orchard Beach, 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.

$497,000Median sold price

$364Median $/sqft

2.1%Median cap rate

$-1,940Modeled cash flow / mo

+9.0%Appreciation YoY

6.8Months of supply

162Active listings

284Sold (last 12 mo)

What the Old Orchard Beach numbers say

In Old Orchard Beach, ME, the median home sold for $497,000 (about $364 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,940 of monthly cash flow. Sold prices moved +9.0% over the past year. Inventory sits at about 6.8 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 Old Orchard Beach cash-flowing listings

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