Single Family Investment Properties for Sale in Phillips, ME
$ 159,900
ROI
24.3
Cash Flow/m
201- 3 Bed
- 2 Bath
- 1866 sft
35 Dodge Road, Phillips, ME, 04966
$ 129,000
ROI
24.3Cash Flow/m
162- 2 Bed
- 1 Bath
- 600 sft
194 Reed Mills Road, Phillips, ME, 04966
$ 199,000
ROI
24.4Cash Flow/m
258- - Bed
- 1 Bath
- 4677 sft
83 Main Street, Phillips, ME, 04966
$ 120,000
ROI
26.0Cash Flow/m
207- 2 Bed
- 1 Bath
- 893 sft
22 Bray 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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