Real Estate Investing in Pownal, Maine (04069)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04069 (Pownal, 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 price-to-rent: Price-to-rent ratio 27.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pownal, ME (04069)?
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Market Analysis: 04069 Pownal
Not every below-median market is a bargain. Pownal's 04069 ZIP sits at signals that favor experienced operators who can absorb the risk $612K pricing implies.
Rent of $1,863/mo on a $612K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 04069 sits below the stated 0.0% once reality is priced in.
The gap between 04069 and stronger Pownal ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 04069 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 04069 is an operator game, not a passive one. Stepping back, entry prices of $612K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Pownal:
Market Trends
Home Value History (with trend line)
📊 How Does 04069 Compare?
| Metric | 04069 | Pownal | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $611,522 | $611,522 | N/A | $401,109 |
| 5-Year CAGR | 3.9% | 3.9% | N/A | 8.6% |
| Avg Rent | $1,863 | $1,863 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04069 (Pownal, 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 | $611,522 |
| Monthly Rent | $1,863 |
| Price-to-Rent | 27.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (2.4%). 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 04069
Population: 1,551
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 04069
Schools in This ZIP Code
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We evaluate schools based on factors that research shows actually impact educational outcomes:
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- 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
Frequently Asked Questions
How tight is the rental market in Pownal, ME?
Vacancy risk in Pownal, ME is elevated. That supports steady cash flow for typical rental holds.
Is Pownal, ME a good place for real estate investing?
Pownal, ME posts an investability rating of 3.0/5, with median home values near $612K and average rents around $1,863/mo. That combination puts it in the notable tier for investor interest.
How should investors approach Pownal, ME?
In Pownal, ME the robust play is typically careful cash-flow rentals with hands-on management. The combination of $612K prices and $1,863/mo rents suits that approach.
Does Pownal, ME favor landlords or tenants?
Rental owners in Pownal, ME deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is housing expensive in Pownal, ME?
Pownal, ME home values average about $612K. That price point suits investors targeting rentals with $1,863/mo in monthly income.
You know 04069 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04069 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 04069 ranks in Portland-South Portland, ME
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