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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in East Millinocket, ME
Listed for sale 2 days ago
$ 165,000
ROI
24.3
Cash Flow/m
210- - Bed
- - Bath
- - sft
37 Cedar St, East Millinocket, ME, 04430
Listed for sale 5 days ago
$ 190,000
ROI
24.5Cash Flow/m
251- 3 Bed
- 2 Bath
- 1489 sft
34 Cedar Street, East Millinocket, ME, 04430
$ 239,000
ROI
22.5Cash Flow/m
183- 5 Bed
- 2 Bath
- 1956 sft
50 Beech Street, East Millinocket, ME, 04430
$ 259,000
ROI
22.3Cash Flow/m
180- 3 Bed
- 2 Bath
- 2760 sft
21 Independence Lane, East Millinocket, ME, 04430
Why Invest in East Millinocket, Maine?
Investing in high rental yield properties in East Millinocket, ME offers a strong opportunity for steady cash flow and attractive cap rates. This area features an average ROI of 7%, with rental yields around 9%, reflecting healthy demand from renter-occupied homes at 65%. Appreciation rates remain moderate at about 2%, suitable for conservative investors seeking stable income. The local market also benefits from average cash flows near $800 monthly, balancing affordability and profitability.
7%
Avg. ROI
9%
Rental Yield
8.5%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Rental yields in East Millinocket average around 9%, reflecting strong rental demand and attractive income potential for investors.
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