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

Searsport, ME has a median modeled monthly cash flow of $-1,188 and a median cap rate of 2.4%, on a median sold price of $293,500. Prices changed -10.2% year over year.

What is the average cap rate in Searsport, ME?

The median cap rate across recently sold homes in Searsport, ME is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Searsport, ME?

The median sold price in Searsport, ME is $293,500 (about $184 per square foot).

Investing in Searsport, ME Real Estate

A data-driven snapshot of the Searsport, 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.

$293,500Median sold price

$184Median $/sqft

2.4%Median cap rate

$-1,188Modeled cash flow / mo

-10.2%Appreciation YoY

5.7Months of supply

37Active listings

78Sold (last 12 mo)

What the Searsport numbers say

In Searsport, ME, the median home sold for $293,500 (about $184 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,188 of monthly cash flow. Sold prices moved -10.2% over the past year. Inventory sits at about 5.7 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 Searsport cash-flowing listings

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