Real Estate Investing in Albion, Maine (04910)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04910 (Albion, ME)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Albion, ME (04910)?
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Market Analysis: 04910 Albion
ZIP 04910 inside Kennebec County looks affordable on the surface — median value of $277K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 04910 is healthy only for operators who understand what they are buying. A $277K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 04910 among ME's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Meanwhile, 2,358 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.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Albion:
Market Trends
Home Value History (with trend line)
📊 How Does 04910 Compare?
| Metric | 04910 | Albion | Augusta-Waterville, ME | Maine |
|---|---|---|---|---|
| Home Value | $277,045 | $277,045 | N/A | $401,109 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 8.6% |
| Avg Rent | $1,611 | $1,611 | N/A | - |
| 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 04910 (Albion, ME). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $277,045 |
| Monthly Rent | $1,611 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (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 04910
Population: 2,358
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 04910
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
Investor Insight: With 747 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How viable is house hacking in Albion, ME?
House hacking in Albion, ME is a challenging. With home values around $277K and rents at $1,611/mo, owner-occupants can offset a meaningful share of PITI.
What kind of tenants rent in Albion, ME?
Albion, ME offers a reliable renter base at the $1,611/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is it like being a landlord in Albion, ME?
ME ranks as a landlord-friendly state for landlord-tenant law. Albion generally follows the statewide framework, so landlords face reasonable operating rules.
Is vacancy a concern in Albion, ME?
Rental vacancy in Albion, ME is elevated. Investors should budget normal turnover but not chronic empty units.
Are rents high in Albion, ME?
Rents in Albion, ME run near $1,611/mo. Compared with median home prices of $277K that produces solid gross yields for typical rentals.
You know 04910 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04910 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.
How 04910 ranks in Augusta-Waterville, ME
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