Real Estate Investing in Falmouth, Maine (04105)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04105 (Falmouth, 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 25.1 — hard to cash-flow at these prices.
What’s happening in Falmouth, ME (04105)?
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Market Analysis: 04105 Falmouth
Not every below-median market is a bargain. Falmouth's 04105 ZIP comes in at signals that favor experienced operators who can absorb the risk $912K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 04105 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 04105 among ME's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 04105 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Falmouth's stable or hybrid ZIPs before stepping into 04105. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Falmouth:
Property Strategy for 04105
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $604,106 | $2,940 | 3.5% | +9.6% | $302,053 |
| 3BR | $798,481 | $3,580 | 3.2% | +9.8% | $266,160 |
| 4BR | $1,091,483 | $3,890 | 2.6% | +11.0% | $272,871 |
| 5BR | $1,527,971 | — | — | +12.5% | $305,594 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 04105 Compare?
| Metric | 04105 | Falmouth | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $912,110 | $912,110 | N/A | $401,109 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 8.6% |
| Avg Rent | $3,025 | $3,025 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 04105 (Falmouth, 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 | $912,110 |
| Monthly Rent | $3,025 |
| Price-to-Rent | 25.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 04105
Population: 12,557
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 04105
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 2,551 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What monthly rent should investors expect in Falmouth, ME?
Rent in Falmouth, ME is around $3,025/mo. The resulting rent-to-value relationship with $912K pricing is reasonable for most investor models.
What is the renter demographic in Falmouth, ME?
The tenant pool in Falmouth, ME is solid, supported by local employment and population fundamentals. Rents of $3,025/mo are well-absorbed by the market.
What type of investing works in Falmouth, ME?
Falmouth, ME investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($912K prices, $3,025/mo rents) make it a reasonable choice.
Are eviction rules reasonable in Falmouth, ME?
The landlord environment in Falmouth, ME is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Can I live-in-and-rent in Falmouth, ME?
House hacking works a challenging in Falmouth, ME. Rents of $3,025/mo against $912K acquisition make the strategy solid for owner-occupants.
You know 04105 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04105 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 04105 ranks in Portland-South Portland, ME
Every ZIP in this metro, ranked. Free.
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