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

Palermo, ME has a median modeled monthly cash flow of $-1,329 and a median cap rate of 1.9%, on a median sold price of $253,875. Prices changed -9.8% year over year.

What is the average cap rate in Palermo, ME?

The median cap rate across recently sold homes in Palermo, ME is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palermo, ME?

The median sold price in Palermo, ME is $253,875 (about $211 per square foot).

Investing in Palermo, ME Real Estate

A data-driven snapshot of the Palermo, 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.

$253,875Median sold price

$211Median $/sqft

1.9%Median cap rate

$-1,329Modeled cash flow / mo

-9.8%Appreciation YoY

13.9Months of supply

44Active listings

38Sold (last 12 mo)

What the Palermo numbers say

In Palermo, ME, the median home sold for $253,875 (about $211 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,329 of monthly cash flow. Sold prices moved -9.8% over the past year. Inventory sits at about 13.9 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 Palermo cash-flowing listings

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