Real Estate Investing in Winter Harbor, Maine (04693)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04693 (Winter Harbor, 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: 50.4% 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 Winter Harbor, ME (04693)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 04693 Winter Harbor
ZIP 04693 in Winter Harbor, ME carries a healthy set of headwinds. Home values near $365K and rents of $1,350/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 04693 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 04693 among ME's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 04693 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 04693 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Winter Harbor:
Market Trends
Home Value History (with trend line)
📊 How Does 04693 Compare?
| Metric | 04693 | Winter Harbor | Maine |
|---|---|---|---|
| Home Value | $365,110 | $365,110 | $401,109 |
| 5-Year CAGR | 5.0% | 5.0% | 8.6% |
| Avg Rent | $1,350 | $1,350 | - |
| Cap Rate | 2.9% | 2.9% | - |
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 04693 (Winter Harbor, ME). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 04693 (Winter Harbor, ME)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $365,110 |
| Monthly Rent | $1,350 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +10.0% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (2.9%). 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 04693
Population: 441
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Do rentals sit vacant long in Winter Harbor, ME?
Winter Harbor, ME vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are tenants stable in Winter Harbor, ME?
Expect a solid tenant pool in Winter Harbor, ME. The rental market absorbs $1,350/mo rents without meaningful friction.
How strong are rents in Winter Harbor, ME?
Expect rents around $1,350/mo per month in Winter Harbor, ME. With home values at $365K, the yield math works out to reasonable levels for rental investors.
What type of investing works in Winter Harbor, ME?
Most investors in Winter Harbor, ME run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is Winter Harbor, ME a good place for real estate investing?
With a 3.0/5 investability score, Winter Harbor, ME ranks as a solid market for rental property investors. Median prices of $365K and rents of $1,350/mo drive the underlying numbers.
You know 04693 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04693 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 04693 (Winter Harbor)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 04693 (Winter Harbor, ME).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.