Real Estate Investing in Jonesport, Maine (04649)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04649 (Jonesport, 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: 36.7% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Jonesport, ME (04649)?
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Market Analysis: 04649 Jonesport
The 04649 ZIP in Jonesport, ME is a local-operator market. Outside capital chasing a $211K entry has to pair deep knowledge with the discount.
Rent of $1,206/mo on a $211K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 04649 sits below the stated 0.0% once reality is priced in.
In practical terms, 04649 offers a low basis, the region around Jonesport has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 04649 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 04649 is an operator game, not a passive one. Stepping back, entry prices of $211K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Jonesport:
Property Strategy for 04649
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $185,746 | $1,340 | 5.2% | +8.9% | $92,873 |
| 3BR | $232,707 | $1,860 | 5.8% | +8.1% | $77,569 |
Market Trends
Home Value History (with trend line)
📊 How Does 04649 Compare?
| Metric | 04649 | Jonesport | Maine |
|---|---|---|---|
| Home Value | $211,199 | $211,199 | $401,109 |
| 5-Year CAGR | 5.8% | 5.8% | 8.6% |
| Avg Rent | $1,206 | $1,206 | - |
| Cap Rate | 4.5% | 4.5% | - |
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 04649 (Jonesport, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $211,199 |
| Monthly Rent | $1,206 |
| Price-to-Rent | 14.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 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 (4.5%). 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 04649
Population: 1,276
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 04649
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
How do experienced investors play Jonesport, ME?
The best-fit strategy in Jonesport, ME is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How quickly do rentals get leased in Jonesport, ME?
Vacancy risk in Jonesport, ME is elevated. That supports even-keeled cash flow for typical rental holds.
How strong is the working-renter base in Jonesport, ME?
The renter base in Jonesport, ME is reasonable for the $1,206/mo price point. Screening well and pricing to market typically yields predictable tenants.
Can owner-occupants cash flow in Jonesport, ME?
Jonesport, ME offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,206/mo rent level.
Is ME a landlord-friendly state?
Landlord-friendliness in Jonesport, ME is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 04649 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04649 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.
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