High ROI 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 East Millinocket, ME, particularly in properties with high ROI potential, offers unique advantages. This area benefits from a moderate rental yield and competitive cap rates compared to other parts of Maine. With average cash flow rates aligning well with investor expectations and steady appreciation, it's a promising location for real estate investment. The renter-occupied percentage supports healthy demand, making it an attractive market for sustained returns.
7.5%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average ROI for high ROI properties in East Millinocket is around 7.5%, reflecting solid rental yields and cash flow potential in the area.
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