Real Estate Investing in Raymond, Maine (04071)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04071 (Raymond, 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: 46.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Raymond, ME (04071)?
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Market Analysis: 04071 Raymond
The 04071 ZIP in Raymond, ME is a local-operator market. Outside capital chasing a $525K entry has to pair deep knowledge with the discount.
The investment case in 04071 is significant only for operators who understand what they are buying. A $525K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 04071 and stronger Raymond ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
On balance, 4,922 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.
Strategy in 04071 is an operator game, not a passive one. From an investor standpoint, entry prices of $525K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Raymond:
Property Strategy for 04071
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $372,834 | $1,590 | 3.1% | +7.2% | $372,834 |
| 2BR | $425,664 | $2,040 | 3.5% | +8.0% | $212,832 |
| 3BR | $507,858 | $2,480 | 3.5% | +8.3% | $169,286 |
| 4BR | $655,681 | $2,700 | 3.0% | +8.8% | $163,920 |
Market Trends
Home Value History (with trend line)
📊 How Does 04071 Compare?
| Metric | 04071 | Raymond | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $525,371 | $525,371 | N/A | $401,109 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 8.6% |
| Avg Rent | $1,836 | $1,836 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 04071 (Raymond, 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 | $525,371 |
| Monthly Rent | $1,836 |
| Price-to-Rent | 23.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (2.7%). 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 04071
Population: 4,922
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 04071
Schools in This ZIP Code
About Repit School Scores
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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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much should I expect to pay for a home in Raymond, ME?
Typical homes in Raymond, ME go for around $525K. The 5-year CAGR of 0.0% even-keeled price movement.
Is Raymond, ME good for landlords?
Raymond, ME falls under ME landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What investment strategy works best in Raymond, ME?
In Raymond, ME the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $525K prices and $1,836/mo rents suits that approach.
Does a duplex house hack pencil in Raymond, ME?
For house hackers, Raymond, ME is a challenging. The $1,836/mo rent on a unit helps defray the mortgage on a $525K property.
How deep is the rental pool in Raymond, ME?
Expect a solid tenant pool in Raymond, ME. The rental market absorbs $1,836/mo rents without meaningful friction.
You know 04071 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04071 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 04071 ranks in Portland-South Portland, ME
Every ZIP in this metro, ranked. Free.
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