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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Phillips, ME

$ 199,000
ROI
24.4
Cash Flow/m
258- - Bed
- 1 Bath
- 4677 sft
83 Main Street, Phillips, ME, 04966

$ 255,000
ROI
27.3
Cash Flow/m
533- 2 Bed
- 1 Bath
- 1600 sft
42 Tory Hill Road, Phillips, ME, 04966

$ 160,000
ROI
41.8
Cash Flow/m
983- 2 Bed
- 1 Bath
- 728 sft
15 Moose Drive, Phillips, ME, 04966

Motivated Seller
$ 180,000
ROI
53.1
Cash Flow/m
1672- 3 Bed
- 2 Bath
- 1238 sft
433 Toothaker Pond Road, Phillips, ME, 04966
Why Invest in Phillips, Maine?
Investing in Phillips, ME offers a unique opportunity in a serene small-town market. The area's avg ROI of 6.1% and rental yield of 5.2% reflect its growing appeal. Cap rates remain attractive at around 7.0%, complemented by average cash flows near $1,400 per property monthly. With average rents of $850 and appreciation rates steady at 2.4%, Phillips is becoming a promising market for rental-focused investors. The renter-occupied rate of 42% indicates a balanced tenant base supporting steady demand.
6.1%
Avg. ROI
5.2%
Rental Yield
7%
Cap Rate
$1400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Phillips, ME is approximately 5.2%, reflecting solid returns for rental property investors.
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