Real Estate Investing in Phippsburg, Maine (04562)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04562 (Phippsburg, 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: 46.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 32.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Phippsburg, ME (04562)?
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Market Analysis: 04562 Phippsburg
The 04562 ZIP covers a section of Phippsburg that demands careful diligence. Prices near $486K look accessible, but the work to make a deal cash flow is real.
The investment case in 04562 is durable only for operators who understand what they are buying. A $486K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within ME, ZIP 04562 trails on several market indicators that neighboring Sagadahoc County submarkets outperform. The gap is real and robust enough to shape underwriting.
From a cash-flow lens, 1,987 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.
Strategically, 04562 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Phippsburg:
Property Strategy for 04562
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $404,570 | $1,400 | 2.5% | +10.2% | $202,285 |
| 3BR | $506,649 | $1,950 | 2.8% | +9.6% | $168,883 |
| 4BR | $677,267 | $2,350 | 2.5% | +12.0% | $169,317 |
Market Trends
Home Value History (with trend line)
📊 How Does 04562 Compare?
| Metric | 04562 | Phippsburg | Portland-South Portland, ME | Maine |
|---|---|---|---|---|
| Home Value | $486,252 | $486,252 | N/A | $401,109 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 8.6% |
| Avg Rent | $1,260 | $1,260 | N/A | - |
| Cap Rate | 2.0% | 2.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04562 (Phippsburg, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $486,252 |
| Monthly Rent | $1,260 |
| Price-to-Rent | 32.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (2.0%). 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 04562
Population: 1,987
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 04562
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
Frequently Asked Questions
What is the renter demographic in Phippsburg, ME?
Phippsburg, ME offers a even-keeled renter base at the $1,260/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the rental occupancy rate in Phippsburg, ME?
Phippsburg, ME vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How much does a house cost in Phippsburg, ME?
In Phippsburg, ME the median home value sits at $486K. Against the broader ME market, that reads as reasonable for most investors.
How viable is house hacking in Phippsburg, ME?
House hacking in Phippsburg, ME is a challenging. With home values around $486K and rents at $1,260/mo, owner-occupants can offset a meaningful share of PITI.
Is rental property easy to operate in Phippsburg, ME?
The landlord environment in Phippsburg, ME is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 04562 now. You don’t know where it ranks.
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How 04562 ranks in Portland-South Portland, ME
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