Real Estate Investing in Kennebunk, Maine (04043)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04043 (Kennebunk, 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: 14.1% of homes vacant — above national norms.
What’s happening in Kennebunk, ME (04043)?
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Market Analysis: 04043 Kennebunk
The 04043 ZIP covers a section of Kennebunk that demands careful diligence. Prices near $629K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 04043 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader ME picture, 04043 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Looking more closely, 11,692 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.
New investors are better served looking at Kennebunk's stable or hybrid ZIPs before stepping into 04043. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Kennebunk:
Property Strategy for 04043
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $325,003 | $1,590 | 3.5% | +7.8% | $325,003 |
| 2BR | $467,343 | $1,930 | 3.0% | +7.8% | $233,672 |
| 3BR | $614,491 | $2,580 | 3.0% | +8.2% | $204,830 |
| 4BR | $802,972 | $2,880 | 2.6% | +8.9% | $200,743 |
| 5BR | $1,329,888 | — | — | +9.1% | $265,978 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 04043 Compare?
| Metric | 04043 | Kennebunk | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $628,844 | $628,844 | N/A | $401,109 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 8.6% |
| Avg Rent | $2,525 | $2,525 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 04043 (Kennebunk, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $628,844 |
| Monthly Rent | $2,525 |
| Price-to-Rent | 20.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (3.1%). 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 04043
Population: 11,692
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 04043
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 564 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Kennebunk, ME?
Expect rents around $2,525/mo per month in Kennebunk, ME. With home values at $629K, the yield math works out to reasonable levels for rental investors.
How strict are landlord regulations in Kennebunk, ME?
The landlord environment in Kennebunk, ME is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What strategy should investors use in Kennebunk, ME?
The best-fit strategy in Kennebunk, ME is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How strong is the working-renter base in Kennebunk, ME?
The tenant pool in Kennebunk, ME is solid, supported by local employment and population fundamentals. Rents of $2,525/mo are well-absorbed by the market.
How high is vacancy risk in Kennebunk, ME?
Expect elevated vacancy in Kennebunk, ME. Rents at $2,525/mo are absorbed by the tenant base without meaningful lag.
You know 04043 now. You don’t know where it ranks.
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How 04043 ranks in Portland-South Portland, ME
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