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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
$ 199,000
ROI
24.4
Cash Flow/m
258- - Bed
- 1 Bath
- 4677 sft
83 Main Street, Phillips, ME, 04966
$ 160,000
ROI
41.8Cash Flow/m
983- 2 Bed
- 1 Bath
- 728 sft
15 Moose Drive, Phillips, ME, 04966
Motivated Seller
$ 180,000
ROI
53.1Cash Flow/m
1672- 3 Bed
- 2 Bath
- 1238 sft
433 Toothaker Pond Road, Phillips, ME, 04966
$ 195,000
ROI
39.9Cash Flow/m
1095- 3 Bed
- 1 Bath
- 1200 sft
228 Tory Hill Road, 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.
Find Your Perfect Investment Property in Phillips, Maine
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