Real Estate Investing in Cape Elizabeth, Maine (04107)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04107 (Cape Elizabeth, 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.
No major risk flags on the data we track.
What’s happening in Cape Elizabeth, ME (04107)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 04107 Cape Elizabeth
ZIP 04107 inside Cumberland County looks affordable on the surface — median value of $911K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 04107 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Cape Elizabeth have seen price recovery that 04107 has not matched. Cumberland County data supports the view that the spread is structural rather than temporary.
Resident income in 04107 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Cape Elizabeth:
Property Strategy for 04107
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $629,280 | $3,200 | 3.7% | +8.2% | $314,640 |
| 3BR | $810,635 | $3,890 | 3.5% | +9.2% | $270,212 |
| 4BR | $1,164,551 | $4,240 | 2.6% | +10.8% | $291,138 |
| 5BR | $1,615,999 | — | — | +11.1% | $323,200 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 04107 Compare?
| Metric | 04107 | Cape Elizabeth | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $911,389 | $911,389 | N/A | $401,109 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 8.6% |
| Avg Rent | $3,166 | $3,166 | 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 04107 (Cape Elizabeth, 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 | $911,389 |
| Monthly Rent | $3,166 |
| Price-to-Rent | 24.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 04107
Population: 9,581
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 04107
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
How high is vacancy risk in Cape Elizabeth, ME?
Occupancy in Cape Elizabeth, ME runs predictable with elevated vacancy. Well-priced units at $3,166/mo lease on reasonable timelines.
Is the tenant base reliable in Cape Elizabeth, ME?
Working renters make up the core of the Cape Elizabeth, ME tenant base. The pool is reasonable for investors targeting long-term holds.
Are homes affordable in Cape Elizabeth, ME?
Homes in Cape Elizabeth, ME typically sell near $911K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Is Cape Elizabeth, ME suited for a house hack?
Cape Elizabeth, ME offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $3,166/mo rent level.
What real estate strategy is ideal for Cape Elizabeth, ME?
Investors usually favor careful cash-flow rentals with hands-on management in Cape Elizabeth, ME. With home values at $911K and rents near $3,166/mo, other strategies can work but produce consistent rather than outsized returns.
You know 04107 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04107 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 04107 ranks in Portland-South Portland, ME
Every ZIP in this metro, ranked. Free.
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