Investment Properties Under $200K in Phillips, ME | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Phillips, ME

Property at 83 Main Street, Phillips, ME
$ 199,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign258
  • - Bed
  • 1 Bath
  • 4677 sft
83 Main Street, Phillips, ME, 04966
Property at 22 Bray Hill Road, Phillips, ME
$ 120,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign207
  • 2 Bed
  • 1 Bath
  • 893 sft
22 Bray Hill Road, Phillips, ME, 04966
Property at 219 Park Street, Phillips, ME
$ 168,500
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign285
  • 3 Bed
  • 1 Bath
  • 1176 sft
219 Park Street, Phillips, ME, 04966
Property at 53 Main Street, Phillips, ME
$ 120,000
ROI
24.8ROI percentage
Cash Flow/m
Dollar sign170
  • 8 Bed
  • 1 Bath
  • 3744 sft
53 Main Street, Phillips, ME, 04966

Why Invest in Phillips, Maine?

Investing in Phillips, ME, with properties under $200k offers promising rental yields and steady appreciation. This area boasts an average ROI of 7%, supported by a cap rate near 6% and average rental yields around 8%. The avg cash flow remains positive for affordable investment properties, while renter occupancy rates are stable around 65%. Maine's real estate market benefits from moderate growth, making Phillips a smart choice for budget-conscious investors.

7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

Phillips offers a range of affordable single-family homes and small multi-family units under $200k, suitable for first-time real estate investors or those seeking rental income opportunities.

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