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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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

Motivated Seller
$ 180,000
ROI
53.1
Cash Flow/m
1672- 3 Bed
- 2 Bath
- 1238 sft
433 Toothaker Pond Road, Phillips, ME, 04966

$ 195,000
ROI
39.9
Cash Flow/m
1095- 3 Bed
- 1 Bath
- 1200 sft
228 Tory Hill Road, Phillips, ME, 04966
Why Invest in Phillips, Maine?
Investing in single-family homes in Phillips, ME offers attractive opportunities with solid rental yields and steady appreciation. This local market benefits from moderate cap rates and consistent rental demand, making it a stable choice for investors. The average cash flow is promising, supported by affordable rents and a renter-occupied rate above the state average. According to government data, the economic environment in Phillips supports long-term housing investment growth.
7.2%
Avg. ROI
8.5%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Phillips offers good rental yields and steady appreciation with a stable renter base. The low vacancy rates and limited housing supply enhance investment potential.
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