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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 properties under $500k offers a unique opportunity for affordable entry into the Maine real estate market. This price range attracts investors seeking solid avgROI and reliable rentalYield in a small-town setting. The area sees stable appreciation rates supported by a strong renterOccupied market and consistent avgCashFlow. Cap rates remain attractive compared to larger metro areas, and avgRent levels suit diverse tenant demographics.
7.2%
Avg. ROI
6.1%
Rental Yield
5.8%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.4%
1Y Appreciation
Frequently Asked Questions
Most properties under $500k in Phillips include single-family homes and small multi-family units, suitable for rental investors seeking affordable entry points.
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