Real Estate Investing in Mount Desert, Maine (04660)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04660 (Mount Desert, ME)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 58.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 53.5 — 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 Mount Desert, ME (04660)?
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Market Analysis: 04660 Mount Desert
ZIP 04660 in Mount Desert, ME carries a healthy set of headwinds. Home values near $907K and rents of $1,413/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 04660 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader ME picture, 04660 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
In practical terms, 1,124 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, 04660 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 Mount Desert:
Property Strategy for 04660
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $646,256 | $1,570 | 1.7% | +9.0% | $323,128 |
| 3BR | $769,862 | $2,140 | 2.0% | +9.5% | $256,621 |
| 4BR | $1,169,066 | $2,150 | 1.3% | +10.5% | $292,266 |
| 5BR | $2,932,729 | — | — | +11.2% | $586,546 |
Market Trends
Home Value History (with trend line)
📊 How Does 04660 Compare?
| Metric | 04660 | Mount Desert | Maine |
|---|---|---|---|
| Home Value | $907,051 | $907,051 | $401,109 |
| 5-Year CAGR | 6.2% | 6.2% | 8.6% |
| Avg Rent | $1,413 | $1,413 | - |
| Cap Rate | 1.2% | 1.2% | - |
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 04660 (Mount Desert, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $907,051 |
| Monthly Rent | $1,413 |
| Price-to-Rent | 53.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.9% |
| Cap Rate | 1.2% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (1.2%). 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 04660
Population: 1,124
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
What kind of vacancy should I budget for in Mount Desert, ME?
Mount Desert, ME vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How deep is the rental pool in Mount Desert, ME?
The tenant pool in Mount Desert, ME is solid, supported by local employment and population fundamentals. Rents of $1,413/mo are well-absorbed by the market.
Where do rents currently stand in Mount Desert, ME?
Investors in Mount Desert, ME typically see rents near $1,413/mo per month against $907K home values - a solid setup for rental cash flow.
Is Mount Desert, ME better for rentals, flips, or BRRRR?
Mount Desert, ME investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($907K prices, $1,413/mo rents) make it a reasonable choice.
How does Mount Desert, ME rate as a rental market?
Mount Desert, ME scores 3.0/5 for investability. Home values sit at $907K and rents near $1,413/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 04660 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04660 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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