Real Estate Investing in Rockland, Maine (04841)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04841 (Rockland, 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: 15.3% of homes vacant — above national norms.
What’s happening in Rockland, ME (04841)?
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Market Analysis: 04841 Rockland
Not every below-median market is a bargain. Rockland's 04841 ZIP shows signals that favor experienced operators who can absorb the risk $351K pricing implies.
Stepping back, the numbers look inviting — $351K purchase price, 0.0% nominal cap — the work to hit that pro forma in 04841 is substantial and deserves full respect.
The gap between 04841 and stronger Rockland ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 04841 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. notable returns are possible in 04841, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Rockland:
Property Strategy for 04841
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $253,472 | $1,160 | 3.3% | +10.5% | $253,472 |
| 2BR | $304,274 | $1,390 | 3.3% | +11.5% | $152,137 |
| 3BR | $360,469 | $1,760 | 3.5% | — | $120,156 |
| 4BR | $425,435 | $1,900 | 3.2% | +11.0% | $106,359 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 04841 Compare?
| Metric | 04841 | Rockland | Maine |
|---|---|---|---|
| Home Value | $350,712 | $350,712 | $401,109 |
| 5-Year CAGR | 5.5% | 5.5% | 8.6% |
| Avg Rent | $1,688 | $1,688 | - |
| Cap Rate | 3.8% | 3.8% | - |
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 04841 (Rockland, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $350,712 |
| Monthly Rent | $1,688 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | -1.3% ▼ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 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 (3.8%). 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 04841
Population: 6,991
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 04841
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 median home value in Rockland, ME?
Median home price in Rockland, ME is near $351K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
Is Rockland, ME better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in Rockland, ME. With home values at $351K and rents near $1,688/mo, other strategies can work but produce consistent rather than outsized returns.
Are eviction rules reasonable in Rockland, ME?
Landlord-friendliness in Rockland, ME is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Does house hacking make sense in Rockland, ME?
The house hack math a challenging in Rockland, ME. Owner-occupant buyers benefit from the $1,688/mo rents and $351K home values.
Is the tenant base reliable in Rockland, ME?
Rockland, ME draws a predictable base of working renters. Demand at the $1,688/mo rent level is reasonable for standard single-family and small multi rentals.
You know 04841 now. You don’t know where it ranks.
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