High Rental Yield Investment Properties for Sale in East Millinocket, ME
Listed for sale 5 days ago
$ 230,222
ROI
31.9
Cash Flow/m
779- 3 Bed
- 2 Bath
- 1398 sft
21 Western Avenue, East Millinocket, ME, 04430
$ 160,000
ROI
24.2Cash Flow/m
199- 3 Bed
- 1 Bath
- 1000 sft
30 Spruce St, East Millinocket, ME, 04430
$ 210,000
ROI
27.0Cash Flow/m
421- 2 Bed
- 1 Bath
- - sft
63 Main St #A, East Millinocket, ME, 04430
$ 229,000
ROI
29.0Cash Flow/m
589- 4 Bed
- 1 Bath
- 1747 sft
14 Forest Avenue, 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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