Real Estate Investing in York, Maine (03909)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03909 (York, ME)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 36.6% of homes vacant — above national norms.
What’s happening in York, ME (03909)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 03909 York
The 03909 ZIP in York, ME is a local-operator market. Outside capital chasing a $768K entry has to pair deep knowledge with the discount.
The investment case in 03909 is healthy only for operators who understand what they are buying. A $768K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within ME, ZIP 03909 trails on several market indicators that neighboring York County submarkets outperform. The gap is real and durable enough to shape underwriting.
The demographic picture in 03909 includes headwinds that any investor should price in. Income distribution skews lower than York averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 03909 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in York:
Property Strategy for 03909
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $350,058 | $1,670 | 3.4% | +9.7% | $350,058 |
| 2BR | $578,662 | $2,190 | 2.7% | +8.7% | $289,331 |
| 3BR | $762,552 | $2,630 | 2.5% | +8.7% | $254,184 |
| 4BR | $1,007,510 | $3,670 | 2.6% | +9.2% | $251,877 |
| 5BR | $1,514,496 | — | — | +10.8% | $302,899 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 03909 Compare?
| Metric | 03909 | York | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $768,471 | $259,083 | N/A | $401,109 |
| 5-Year CAGR | 5.4% | 5.5% | N/A | 8.6% |
| Avg Rent | $2,588 | $2,297 | N/A | - |
| Cap Rate | 2.6% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 03909 (York, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $768,471 |
| Monthly Rent | $2,588 |
| Price-to-Rent | 24.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 03909
Population: 11,021
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 03909
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,433 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is vacancy a concern in York, ME?
Vacancy risk in York, ME is elevated. That supports steady cash flow for typical rental holds.
Does house hacking work in York, ME?
York, ME is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $768K price point reasonable to enter.
What monthly rent should investors expect in York, ME?
Investors in York, ME typically see rents near $2,588/mo per month against $768K home values - a solid setup for rental cash flow.
What are home prices like in York, ME?
York, ME home values average about $768K. That price point suits investors targeting rentals with $2,588/mo in monthly income.
Is York, ME better for rentals, flips, or BRRRR?
In York, ME the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $768K prices and $2,588/mo rents suits that approach.
You know 03909 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 03909 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 03909 ranks in Portland-South Portland, ME
Every ZIP in this metro, ranked. Free.
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