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

Wells, ME has a median modeled monthly cash flow of $-1,181 and a median cap rate of 3.3%, on a median sold price of $469,950. Prices changed +4.0% year over year.

What is the average cap rate in Wells, ME?

The median cap rate across recently sold homes in Wells, ME is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wells, ME?

The median sold price in Wells, ME is $469,950 (about $361 per square foot).

Investing in Wells, ME Real Estate

A data-driven snapshot of the Wells, 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.

$469,950Median sold price

$361Median $/sqft

3.3%Median cap rate

$-1,181Modeled cash flow / mo

+4.0%Appreciation YoY

11.3Months of supply

391Active listings

414Sold (last 12 mo)

What the Wells numbers say

In Wells, ME, the median home sold for $469,950 (about $361 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,181 of monthly cash flow. Sold prices moved +4.0% over the past year. Inventory sits at about 11.3 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 Wells cash-flowing listings

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