Real Estate Investing in Winthrop, Maine (04364)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04364 (Winthrop, ME)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.7% of homes vacant — above national norms.
What’s happening in Winthrop, ME (04364)?
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Market Analysis: 04364 Winthrop
Not every below-median market is a bargain. Winthrop's 04364 ZIP reports signals that favor experienced operators who can absorb the risk $351K pricing implies.
The investment case in 04364 is solid only for operators who understand what they are buying. A $351K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 04364 and stronger Winthrop ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 04364 ZIP's population of 6,153 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
trends toward 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 Winthrop:
Property Strategy for 04364
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $248,669 | $1,160 | 3.4% | +9.9% | $248,669 |
| 2BR | $296,188 | $1,510 | 3.7% | +9.3% | $148,094 |
| 3BR | $348,122 | $1,940 | 4.0% | +8.8% | $116,041 |
| 4BR | $414,691 | $2,300 | 4.0% | +9.0% | $103,673 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 04364 Compare?
| Metric | 04364 | Winthrop | Augusta-Waterville, ME | Maine |
|---|---|---|---|---|
| Home Value | $350,556 | $350,556 | N/A | $401,109 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 8.6% |
| Avg Rent | $1,900 | $1,900 | N/A | - |
| Cap Rate | 4.2% | 4.2% | - | - |
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 04364 (Winthrop, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $350,556 |
| Monthly Rent | $1,900 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (4.2%). 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 04364
Population: 6,153
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 04364
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 2,027 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are rents high in Winthrop, ME?
Average rent in Winthrop, ME is approximately $1,900/mo per month. Against $351K home values that yields a reasonable rent-to-price ratio.
Is housing expensive in Winthrop, ME?
Expect median prices around $351K in Winthrop, ME. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
Should investors consider Winthrop, ME?
Winthrop, ME records an investability rating of 3.0/5, with median home values near $351K and average rents around $1,900/mo. That combination puts it in the impressive tier for investor interest.
Does Winthrop, ME favor landlords or tenants?
For rental operators, Winthrop, ME rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Which investment style suits Winthrop, ME?
In Winthrop, ME the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $351K prices and $1,900/mo rents suits that approach.
You know 04364 now. You don’t know where it ranks.
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How 04364 ranks in Augusta-Waterville, ME
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