Real Estate Investing in Bridgton, Maine (04009)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04009 (Bridgton, 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: 49.8% of homes vacant — above national norms.
What’s happening in Bridgton, ME (04009)?
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Market Analysis: 04009 Bridgton
Investors eyeing 04009 need to respect the fundamentals at play. Home values of $418K come alongside slower price movement and elevated management overhead.
The investment case in 04009 is impressive only for operators who understand what they are buying. A $418K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Stepping back, 04009 offers a low basis, the region around Bridgton has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Stepping back, 5,357 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 04009 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Bridgton:
Property Strategy for 04009
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $329,689 | $1,620 | 3.5% | +8.8% | $164,844 |
| 3BR | $394,387 | $2,100 | 3.8% | +9.6% | $131,462 |
| 4BR | $533,427 | $2,680 | 3.6% | +10.8% | $133,357 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 04009 Compare?
| Metric | 04009 | Bridgton | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $418,408 | $418,408 | N/A | $401,109 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 8.6% |
| Avg Rent | $1,795 | $1,795 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 04009 (Bridgton, ME). Anonymous, moderated, never written by AI.
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Property managers serving Cumberland County
Manage rentals here? List your business →Port Property offers apartments for rent and commercial property management services in Portland, South Portland, and Biddeford, Maine. summary from their website
Schneider Property Management, part of HomeRiver Group, offers property management, brokerage, rehab and construction, leasing, and maintenance services for single-family and multi-family properties. summary from their website
Aquarius Property Management offers property management services in Greater Portland, including Portland, South Portland, Falmouth, Cape Elizabeth, and Scarborough. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $418,408 |
| Monthly Rent | $1,795 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (3.4%). 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 04009
Population: 5,357
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 04009
Schools in This ZIP Code
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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.
Frequently Asked Questions
Does Bridgton, ME make sense for an investment property?
Yes - Bridgton, ME a 3.0/5 investability score. With $418K home prices against $1,795/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the typical rental rate in Bridgton, ME?
Rent in Bridgton, ME is around $1,795/mo. The resulting rent-to-value relationship with $418K pricing is reasonable for most investor models.
How tight is the rental market in Bridgton, ME?
Vacancy in Bridgton, ME is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,795/mo.
How strong is tenant demand in Bridgton, ME?
Expect a solid tenant pool in Bridgton, ME. The rental market absorbs $1,795/mo rents without meaningful friction.
What investment strategy works best in Bridgton, ME?
Investors usually favor careful cash-flow rentals with hands-on management in Bridgton, ME. With home values at $418K and rents near $1,795/mo, other strategies can work but produce measured rather than outsized returns.
You know 04009 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04009 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 04009 ranks in Portland-South Portland, ME
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