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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Millinocket, ME
Listed for sale 6 days ago
$ 164,000
ROI
25.3
Cash Flow/m
254- 4 Bed
- 1 Bath
- 1354 sft
69 Maine Avenue, Millinocket, ME, 04462
$ 150,000
ROI
24.6Cash Flow/m
202- 3 Bed
- 1 Bath
- 988 sft
47 New Jersey Street, MILLINOCKET, ME, 04462
$ 189,900
ROI
28.1Cash Flow/m
440- 3 Bed
- 2 Bath
- 1798 sft
7 New York Street, Millinocket, ME, 04462
$ 129,900
ROI
25.5Cash Flow/m
207- 1 Bed
- 2 Bath
- 1117 sft
61 Waldo Street, Millinocket, ME, 04462
Why Invest in Millinocket, Maine?
Investing in single-family homes in Millinocket, ME offers unique opportunities with stable rental yields and reasonable cap rates. The local economy, driven by manufacturing and tourism, supports steady rental demand. Average cash flow from these properties remains attractive for investors looking for consistent returns. Appreciation rates align with regional trends, making Millinocket a viable location for real estate growth. Renter occupancy is stable, highlighting ongoing housing needs.
6.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Millinocket is approximately 7%, reflecting solid returns for investors in this market.
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