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

Patten, ME has a median modeled monthly cash flow of $-6 and a median cap rate of 6.3%, on a median sold price of $105,000. Prices changed -30.4% year over year.

What is the average cap rate in Patten, ME?

The median cap rate across recently sold homes in Patten, ME is 6.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Patten, ME?

The median sold price in Patten, ME is $105,000 (about $78 per square foot).

Investing in Patten, ME Real Estate

A data-driven snapshot of the Patten, 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.

$105,000Median sold price

$78Median $/sqft

6.3%Median cap rate

$-6Modeled cash flow / mo

-30.4%Appreciation YoY

4.0Months of supply

10Active listings

30Sold (last 12 mo)

What the Patten numbers say

In Patten, ME, the median home sold for $105,000 (about $78 per square foot), and the typical deal models out to a 6.3% cap rate with a median $-6 of monthly cash flow. Sold prices moved -30.4% over the past year. Inventory sits at about 4.0 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 Patten cash-flowing listings

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