Real Estate Investing in Sumner, Maine (04292)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04292 (Sumner, ME)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 32.3% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Sumner, ME (04292)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 04292 Sumner
Meanwhile, ZIP 04292 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $242K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $242K asset, 04292 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader ME picture, 04292 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 04292 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 04292 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Sumner:
Market Trends
Home Value History (with trend line)
📊 How Does 04292 Compare?
| Metric | 04292 | Sumner | Maine |
|---|---|---|---|
| Home Value | $242,005 | $242,005 | $401,109 |
| 5-Year CAGR | 8.8% | 8.8% | 8.6% |
| Avg Rent | $1,260 | $1,260 | - |
| Cap Rate | 4.1% | 4.1% | - |
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 04292 (Sumner, ME). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 04292 (Sumner, ME)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $242,005 |
| Monthly Rent | $1,260 |
| Price-to-Rent | 16.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 12.8% |
📈 Home Appreciation
| 1-Year | +15.0% ▲ |
| 3-Year CAGR | +10.4% ▲ |
| 5-Year CAGR | +8.8% ▲ |
| 10-Year CAGR | +10.5% ▲ |
🏠 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 (4.1%). 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 04292
Population: 996
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 04292
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.
Frequently Asked Questions
What kind of market is Sumner, ME for investors?
Our data puts Sumner, ME at 3.0/5 for investability. Home prices of $242K and rents around $1,260/mo create a solid backdrop for investor activity.
What is the rental occupancy rate in Sumner, ME?
Occupancy in Sumner, ME runs measured with elevated vacancy. Well-priced units at $1,260/mo lease on reasonable timelines.
Are rents high in Sumner, ME?
Rents in Sumner, ME run near $1,260/mo. Compared with median home prices of $242K that produces solid gross yields for typical rentals.
What investment strategy works best in Sumner, ME?
In Sumner, ME the robust play is typically careful cash-flow rentals with hands-on management. The combination of $242K prices and $1,260/mo rents suits that approach.
How deep is the rental pool in Sumner, ME?
Expect a solid tenant pool in Sumner, ME. The rental market absorbs $1,260/mo rents without meaningful friction.
You know 04292 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04292 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.
AI Market Advisor
Ask questions about investing in 04292 (Sumner)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 04292 (Sumner, ME).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.